High-profile pension liberation case due in High Court

The case comes as a result of Operation Neame, in which City of London Police carried out a series of raids on organisations accused of running liberation fraud schemes. In legal proceedings that will begin tomorrow at the High Court, The Pensions Regulator (TPR) will argue the schemes are not valid in an attempt to get a hard-and-fast ruling that the schemes are illegal. Dalriada Trustees was appointed by TPR to run the suspected liberation schemes after the police raid. It has been appointed by the court to argue that the schemes are legitimate occupational pension schemes "to ensur...