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Almost £2bn has been lost from UK pension pots and SIPPs since 2019 because of financial advisers and providers going out of business, according to new data from the Financial Services Compensation Scheme.

Fewer than one in three pension fraud reports (29%) submitted to Action Fraud are referred for police investigation, according to a new report.

A pair of pension trustees have pleaded guilty to making illegal loans from a company pension scheme to the scheme’s employer.

A jury at Southwark Crown Court has today found guilty David Ames, 70, one of the key figures behind the £226m Harlequin Group fraud which conned thousands of investors including many SIPP users.

The Pensions Regulator (TPR) has launched a new three-pronged scam prevention strategy as concerns over rising vulnerability amongst pension savers continue to rise.

A pair who masqueraded as advisers to defraud pension savers of £20m have been jailed.

The Financial Conduct Authority has banned five directors of financial advice firms from working in financial services and fined them over £1m.

Men are almost twice as likely to be at serious risk of pension transfer fraud than women, according to a new report.

Pension savers are nine times more likely to accept advice from a pension scammer online than they would in person, according to new research from the Financial Conduct Authority (FCA).

A convicted criminal accountant who defrauded a pension scheme of £292,000 has been ordered to repay the money.

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