Dalriada Trustees

The High Court hearing into the legal status of nine suspected liberation schemes has been adjourned until autumn, The Pensions Regulator (TPR) has confirmed.

The current High Court case regarding pensions liberation does not have the scope to end the practice, a Chancery Division judge has warned.

A high-profile court case to determine whether pension liberation schemes are illegal will begin on 16 July.

Dalriada Trustees has launched a High Court action against three investment companies and two former trustees in a bid to recover £18m of assets invested in two alleged pension liberation schemes.

Scheme members conned by pension loan operators have been left suicidal after finding out the deals are invalid and they face massive tax charges.

Pension reciprocation, or pension unlocking, agreements operated by Ark Business Consulting are illegal, judges in the High Court ruled today.

The legality of controversial pension unlocking services will be determined this week when the issue returns to the High Court.

Letters flood in over a proposed code of conduct for professional trustees. Read more here...

A freezing order blocking pension ‘unlocking' companies moving more than £1m worth of assets abroad has been secured by Dalriada Trustees.