Pension bosses handed 34-year ban for £12m pension liberation 'house of cards'

Kim Kaveh
clock • 2 min read

Three directors who liberated just under £12m worth of pension savings have been disqualified for a total of 34 years for misleading investors over a period of 30 months.

Kevin Kirkwood was handed a 10-year ban, while Gary Quillan and Gregory Garrett were both given 12-year disqualification orders on 18 September at the High Court in Manchester. The court heard t...

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 Law and Regulation

UPDATE: TPR makes 'no surprises' regulatory pledge as it publishes five-year strategy

UPDATE: TPR makes 'no surprises' regulatory pledge as it publishes five-year strategy

Strategy comes alongside corporate plan and roadmap to give trustees a ‘clear line of sight’

Jonathan Stapleton
clock 14 July 2026 • 6 min read
DWP publishes updated roadmap for workplace pensions

DWP publishes updated roadmap for workplace pensions

Government sets out an updated plan to implement workplace pension reform

Jonathan Stapleton
clock 13 July 2026 • 2 min read
Why pension schemes need to stop reporting climate and start funding it

Why pension schemes need to stop reporting climate and start funding it

Bobby Riddaway says there is no shortage of climate attention but there is a shortage of climate action

Bobby Riddaway
clock 09 July 2026 • 6 min read
Trustpilot