fraud
FCA investigating 165 Covid-19-related scams
The Financial Conduct Authority (FCA) is investigating 165 coronavirus-related scams, according to a freedom of information request (FOI) submitted by Parliament Street think tank’s cyber research team.
Investment fraud reports surge to more than 8,000 so far this year
More than 8,000 investment fraud reports have been made so far this year, more than double the amount in the same period last year, a Freedom of Information request has revealed.
PSIG updates pension scam code with 10 changes
The Pension Scams Industry Group (PSIG) has updated its voluntary code of practice to reflect regulatory and legislative changes that have affected the industry over the last year.
Fraud report 2019: Are trustees doing enough to protect members?
RSM has unveiled its annual scheme survey, revealing the actions trustees are taking to protect members from fraud. Kim Kaveh looks at the findings.
Norfolk Pension Fund wins rare US securities fraud class action case
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
Two scam victims lose over £1m pension savings each to fraudsters
Two pension scam victims have lost more than £1m in savings each to fraudsters, data from Action Fraud reveals.
Fraud initiative saves £144m in two years by preventing pension fraud and error
The government's National Fraud Initiative (NFI) has saved £144.8m over the past two years by helping detect and prevent occupational pension fraud and overpayments.
Two scammers jailed after coaxing savers to transfer £1m to fake scheme
Two men were sentenced to jail after luring 16 victims into transferring nearly £1m of their pensions into a non-existent occupational scheme in an "elaborate" liberation scam.
Pension fraud report: Trustees more alert to risks but complacency remains
Trustees are becoming more alert to fraud risks but are still too complacent when it comes to prevention, RSM says.
We must boldly go to avoid a pensions catastrophe
Margaret Snowdon says the industry must be more willing to err on the side of caution as the government's solutions will not stop scammers
TPR bans three trustees over suspected £9m scam
The Pensions Regulator (TPR) has banned three people from serving as pension trustees after around £9m was suspected of being scammed from 346 savers.
Former adviser jailed for embezzling £1m of client pension funds
A former independent financial adviser (IFA) has been jailed for six years after embezzling more than £1m of pension scheme funds to fund his "lavish lifestyle".
Have your say: Would pensions be worse off without a pensions minister?
This week we want to know whether you think pensions would be worse off if the government had never had a specific pensions minister.
TPR releases anti-scam tools to help savers and trustees
The Pensions Regulator (TPR) has launched a series of anti-scam tools to aid savers in spotting scams before they fall victim to them.
Empowering trustees is best way to counter fraud
Industry believes equipping trustees with the right skills to tackle pension fraud will be more effective than extra legislation.
Trustees need more help in dealing with pension fraud
Trustees need more support if pension fraud is to be dealt with effectively says Helen Morrissey.
Pensions fraud: Schemes report threefold increase in scams over past year
Nearly one in three pension schemes has been affected by fraud, with victims experiencing a threefold rise in scams in the last 12 months alone, latest RSM research reveals.
Pension fraud losses 25% higher than original estimates
The amount of savings lost to pension fraudsters in the wake of Freedom and Choice is £2.7m higher than previously thought, new data reveals.
UK cannot 'point finger' if it does not tackle economic fraud
Britain cannot lecture other countries if it does not deal with corruption in its own financial system according to the National Crime Agency's (NCA) Nigel Kirby.
How can trustees protect themselves against cyber criminals?
From hackers stealing information from Talk Talk to Anthem, Michael Klimes looks at how safe schemes are from cyber criminals
The top 20 pensions news articles in 2015: BA ousts trustee chairman, salary sacrifice cuts and transitional rules for AA changes
What were the biggest news stories on Professional Pensions this year? Here's our top 20.
Director disqualified for 12 years for £26m pension fraud
A former owner of Carrington Wire Limited (CWL) has been banned from acting as a company director after helping the firm's parent company dump its defined benefit (DB) scheme.
Director disqualified for 12 years for £26m pension fraud
A former owner of Carrington Wire Limited (CWL) has been banned from acting as a company director after helping the firm's parent company dump its defined benefit (DB) scheme.
Why fraud and money laundering pose a real risk to second-hand annuities
Fraudsters don't stick to just one scam
