Half of pension scam red flags raised by schemes involves advisers, finds survey

Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The voluntary body set up to support trustees, providers and administrators found these included advisers in a different country from the scheme member, or an adviser who appeared on an internal watch...
More on Law and Regulation
MPs to investigate advice in ongoing pensions freedoms inquiry
MPs on the Work and Pensions Committee (WPC) will assess the availability of financial advice in the second stage of its pensions freedom inquiry.
TPR publishes full details of charity pension trustee fraud case
The Pensions Regulator (TPR) has published a regulatory intervention report on the case of jailed former charity for the disabled trustee and chief executive Patrick McLarry.
Uber drivers win pension rights
Uber drivers have once again won a legal battle to access to workers’ rights including auto-enrolment (AE) pensions, the minimum wage, and paid holidays.
The challenge of GMP equalisation continues
Pension professionals will need to get to grips with a number of points in order to effectively implement the most recent GMP decision, write Stephen Richards and Julia Ward.
Finalisation of net pay review vital in Budget, Now Pensions says
Chancellor Rishi Sunak must conclude the net pay review in the upcoming Budget to support the retirement income of low-paid workers, Now Pensions says.