Members left suicidal after bogus pension liberation deals exposed

Jenna Towler
clock

Scheme members conned by pension loan operators have been left suicidal after finding out the deals are invalid and they face massive tax charges.

The Pensions Regulator, HM Revenue & Customs and the Financial Services Authority today (Saturday) warned members not to use pension loans or pension liberation companies to access their retirement...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

FOS issues consultation on compensation interest payments

FOS issues consultation on compensation interest payments

Consultation comes after call for input on FCA and FOS collaboration on improving redress

Jasmine Urquhart
clock 06 June 2025 • 1 min read
ACA calls for 'pragmatic and successful' DB surplus release regime

ACA calls for 'pragmatic and successful' DB surplus release regime

Chair Stewart Hastie praises minister’s recent commitment to reforms

Jasmine Urquhart
clock 06 May 2025 • 1 min read
Most support TPR's move to extend oversight to professional trustee firms

Most support TPR's move to extend oversight to professional trustee firms

However concern over possible regulatory ‘overreach’ and ‘mission-creep’

Jasmine Urquhart
clock 15 April 2025 • 2 min read
Trustpilot