TPR removes three trustees over suspected £14m scam

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The Pensions Regulator (TPR) has replaced three trustees who were deemed to be under the control of "shadow trustee" David Austin in a suspected £14m fraud.

The watchdog said it believed the trustees - Alan Barratt, Susan Dalton and Julie Hanson - had misappropriated funds and exercised poor trustee governance in relation to 17 schemes. Publishing d...

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