The Insolvency Service has revealed it closed down five pension liberation firms in its last financial year from April 2015 to March 2016.
It revealed the firms scammed savers out of over £128m, and estimated it saved an additional £107m being taken from the public by winding them up. Two of the companies closed were KJK Investment...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
