£32m scheme assets recovered in GP Noble fraud - UPDATED

Jenna Towler
clock

The High Court has ordered £32m of the missing £52m in the GP Noble fraud to be handed back to Independent Trustee Services.

The ruling - released yesterday - means more than half of the mission millions will be handed back to ITS, the independent trustee in control of the nine former GP Noble run schemes affected by the...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

PRA publishes 2025 Life Insurance Stress Test results

PRA publishes 2025 Life Insurance Stress Test results

LIST 2025 reveals insurance sector is ‘resilient’ to a severe financial market stress scenario

Martin Richmond
clock 17 November 2025 • 7 min read
Partner Insight: Data - The new battleground for scheme buyouts

Partner Insight: Data - The new battleground for scheme buyouts

LexisNexis® Risk Solutions
clock 17 November 2025 • 1 min read
Partner Insight: Fiduciary management - Adding bright sparks to your scheme

Partner Insight: Fiduciary management - Adding bright sparks to your scheme

Appointing SEI as fiduciary manager gave the trustees of the Schneider Electric pension schemes the confidence and the agility needed to guarantee member benefits. Richard Taylor, Pensions Manager at Schneider, explains the advantages.

SEI Investments
clock 17 November 2025 • 5 min read
Trustpilot