Trustees must consider a range of issues in determining whether a pension transfer request is a case of liberation fraud, according to Dalriada Trustees project manager Sean Browes.
Speaking at the Professional Pensions Trustee Masterclass on Tuesday, Browes said Dalriada views this type of fraud "not so much as pension liberation as pension destruction". Trustees also remain "none...
This week's top stories included an article on how the government will have to justify proposed changes to the state pension age after a Prospect petition secured over 12,000 signatures.
Smart Pension failed to report the fact it had not collected or invested nearly £900,000 of pension contributions on behalf of its members, an investigation by The Pensions Regulator (TPR) has found.
The Pension Scams Industry Group (PSIG) has updated its voluntary code of practice in a bid to help prevent members falling victim to evolving pension scams.
The government has rejected the Work and Pensions Committee proposal to introduce a 'default decumulation pathway' at retirement.