On target? Winning the battle on pension liberation

clock

Fiona Murphy examines The Pension Ombudsman's delays to decisions on pension liberation fraud and wider concerns about how liberation could shift.

The Pensions Ombudsman has recently announced delays to its decisions on 84 complaints concerning cases of suspected pension liberation fraud. In a statement, it said: "The pension liberation cases that we are looking at need very careful consideration – in particular, of the detail of the transferring and receiving schemes. "We have needed to ask for extra information in most cases – and we need to give the parties the facts and the opportunity to make their own submissions and comment on our possible findings. "We recognise that the pensions industry is highly interested to know ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Celebrations on ice: Pensions over-taxation issue not fixed yet

Celebrations on ice: Pensions over-taxation issue not fixed yet

'I'm keeping my celebrations on ice as the biggest issue is still unresolved'

Lisa Webster
clock 11 February 2025 • 4 min read
DB pension advice: Redress liabilities dip below 5% of transfer values

DB pension advice: Redress liabilities dip below 5% of transfer values

First Actuarial found ‘considerable drop’ in financial risk associated with DB redress

Holly Roach
clock 05 February 2025 • 2 min read
Steve Webb: HMRC tax code stance moving in right direction but still work to do

Steve Webb: HMRC tax code stance moving in right direction but still work to do

'HMRC has belatedly accepted that the status quo is unacceptable'

Steve Webb
clock 05 February 2025 • 4 min read