Trustee firms overseeing £19m in suspicious schemes forced into provisional liquidation

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The High Court has put two trustee companies connected with suspected pension liberation schemes into provisional liquidation following applications made by the Insolvency Service.

Lawyers explained the action meant independent trustees would be assigned to manage the assets, with The Pensions Regulator (TPR) already replacing 35 trustees in two years as part of a clampdown o...

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