New chair at BTPS, pensions facing ‘fraud crisis’, BSPS signs £2.7bn buy-in deal
Defendant also pleaded not guilty to a charge of failing to provide requested information
Mark Kelly and Rikki Nicholls convinced pension holders to transfer their savings
Guidance published on pre-employment checks for administrators
The trial date has been set for the people accused of being involved with pension fraud totalling nearly £14m.
Three people have appeared in court in connection with an investigation into pension fraud totalling nearly £14m.
The Pensions Regulator (TPR) has secured the extradition of a suspected fraudster following engagement with the Metropolitan Police.
Pension companies must be given the power to trigger an “urgent regulatory response” to savers at risk of fraud, while regulators should be able to override the right to transfer, The People’s Pension and The Police Foundation have said.
RSM has unveiled its annual scheme survey, revealing the actions trustees are taking to protect members from fraud. Kim Kaveh looks at the findings.
An accountant who acted as a trustee and administrator to pension schemes has pleaded guilty to five counts of fraud and two counts of making employer-related investments.