TPO

A ruling by The Pensions Ombudsman (TPO) could mean past victims get redress if it finds trustees failed to alert members to pension transfer risks or did not perform mandatory checks.

The number of investigations by The Pensions Ombudsman (TPO) have increased by over a quarter driven partly by a sharp rise in the number of transfer complaints received during the past financial year.

The High Court has ruled that there is no statutory limitation period in which to recover pension overpayments under a defined benefit (DB) scheme, as long as this is by adjusting future payments.

The Insolvency Service has placed six firms overseeing 15 occupational pension schemes into provisional liquidation after an investigation.

As of next month, The Pensions Ombudsman (TPO) will be moving to new government offices in the heart of London's Canary Wharf.