Police and regulatory action against pension liberation fraud is making progress, although much of the work is still taking place behind the scenes, delegates heard.
Several delegates at the Association of Member-Directed Pension Schemes (AMPS) conference, being held today in London, said they were frustrated by the on-going fraud and how best to tackle the problem....
The Pensions Regulator (TPR) has said it will continue with its “clear, quick and tough” approach to driving up standards across the pensions industry following the coronavirus pandemic.
Gemma Willingham and Tom McNaughton look at how trustees can respond to increasingly-used data subject access requests.
Work and Pensions Committee (WPC) chairman Stephen Timms will table an amendment to the Pension Schemes Bill to allow schemes to pause transfers when a scam is suspected.
The Department for Work and Pensions (DWP) has launched a review to assess the effectiveness of costs, charges and transparency measures in protecting pension member outcomes.
The Pensions Ombudsman (TPO) has ordered a former owner of Norton Motorcycles to pay back £14m of pension fund monies that he had invested in the struggling sponsor.