Thousands of pension scam victims receive more than £80m in compensation

Compensation awarded to more than 2,000 members of 58 schemes targeted by fraudsters

Martin Richmond
clock • 3 min read
Thousands of pension scam victims receive more than £80m in compensation

More than 2,000 individuals who were the victims of pension scams have received over £80m in compensation payouts, a group of industry regulators and bodies have confirmed.

In a joint statement issued today (19 August), The Pensions Regulator (TPR), the Fraud Compensation Fund (FCF), The Pensions Ombudsman, and Dalriada Trustees confirmed over the last year, a total o...

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Martin Richmond
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Martin Richmond

Senior Correspondent at Professional Pensions

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