TPO orders trustees to repay more than £5m to members of three schemes

Investigation finds scheme trustees had engaged in pension liberation arrangement

Martin Richmond
clock • 2 min read
TPO orders trustees to repay more than £5m to members of three schemes

The Pensions Ombudsman (TPO) has ordered the trustees of three pension schemes to repay £5.2m after they were found to have been facilitating pension liberation.

An investigation conducted by TPO's Pensions Dishonesty Unit (PDU) into the Eleven Property Pension Scheme, the SHK Property Services Pension Scheme, and the Gilbert Trading Pension Scheme, pension...

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