Police and regulatory action against pension liberation fraud is making progress, although much of the work is still taking place behind the scenes, delegates heard.
Almost half of Buzz contributors thought The Pensions Regulator needed more power to guard against pension liberation fraud. But, in a week when the City of London Police announced it had broken up a major pensions liberation scam, more than two out of...
A City of London call centre at the heart of a pension liberation operation has been raided by police and several people have been arrested.
The fight against pension liberation scams would be easier if The Pensions Regulator had more power to act, TPR chairman Michael O'Higgins says.
Her Majesty's Revenue & Customs (HMRC) has issued a warning to consumers vulnerable to "unscrupulous" firms offering to help them access their pension savings early.
The Advertising Standards Authority has banned a lead generation company from sending unsolicited text messages offering pension liberation to consumers.
Trustees' focus on maintaining service level agreements for transfers is hampering efforts to detect and stop pensions liberation scams, administrators warn.
The Pensions Regulator has rebuffed complaints it has pushed responsibility for tackling pensions liberation solely onto trustees.
The latest fraud is just the tip of the iceberg, says Hannah Brenton