Five million Brits at risk of succumbing to a pension scam
Research shows a ‘worryingly large number of people’ could fall victim to common fraudster tactics
The Pensions Regulator
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UK pensions watchdog master trust fines upheld in court
Chair statements for both firms were not compliant with the law
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Up to seven years in jail for pension mismanagement
UK to drop the hammer on ‘wilful or reckless’ behaviour by pension schemes?
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British Steel workers let down by basic mistakes
Independent review found scarce communication and information left pension scheme members in a vacuum
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British pensioners think they are too savvy to fall for scams
But victims lost an average £91,000 each in 2017
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UK regulators team up to tackle pension scams
Just a quarter of Brits are confident about picking a pension product
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UK pension scam victims lose £91,000 each
Research shows 253 victims lost more than £23m to pension scams in 2017
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Regulator warns 12 DB pension schemes over transfer activity
The UK Pensions Regulator has written to the trustees of 12 different defined benefit (DB) pensions schemes regarding transfer activity.
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UK pensions watchdog and police team up in cold-calling case
The Pensions Regulator (TPR) and the police are jointly investigating a number of pension schemes suspected of being linked to cold calling, resulting in a trustee being appointed to a wealth management firm.
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Anti-scam warnings on fake pension websites tricking investors
Rogue pension websites are carrying anti-scam messages to try to trick UK consumers into believing that they are legitimate businesses, The Pensions Regulator (TPR) has warned.
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More UK pension trustees to be hit with higher penalties
The Pensions Regulator is stepping up how it uses its enforcement powers, which includes financial penalties, and expanding who it considers to be a professional trustee.
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Pension trustees banned over £16m Fiji tree plantation scam
The Pensions Regulator (TPR) in the UK has banned the trustees of a scheme that lost more than £15m ($19.3m, €17.7m) of member’s money after investing in overseas ventures that “bore the hallmarks of a scam”, including leases on a plantation in Fiji.