Two men were sentenced to jail after luring 16 victims into transferring nearly £1m of their pensions into a non-existent occupational scheme in an "elaborate" liberation scam.
The number of enquiries handled by the Pensions Ombudsman's (PO) increased by more than a fifth to over 6,000 during the past financial year, according to its annual report.
The Pensions Regulator (TPR) has banned two trustees after they lost over £15m of members' funds in unregulated investments.
Trustees need more support if pension fraud is to be dealt with effectively says Helen Morrissey.
This year has been a busy one for the pensions industry. Professional Pensions looks at what happened between January and March.
Helen Morrissey asks what impact the ombudsman's decision to participate in more appeals against its decisions will have
The Insolvency Service has wound up a pension liberation company which helped savers access their funds earlier than allowed, following a High Court battle.
The Pensions Ombudsman (PO) Service has confirmed it will participate in appeals against its own determinations as it seeks to take a more interventionist approach.
The Pensions Ombudsman (PO) has backed Royal London's decision to allow a scheme member to transfer £112,542 into another fund.
Freedom and choice has helped fuel an 18% increase in complaints to the Pensions Ombudsman (PO) over the last year, according to its annual report and accounts.