The High Court case revolving around the classification of pension liberation vehicles has resumed after its summer adjournment.
The Pensions Regulator (TPR) is arguing that nine alleged pension liberation vehicles should be treated as personal pension schemes. The hearing of a test case into the legal status of nine schemes resumed on 2 October after being adjourned in July. Dalriada Trustees and Pi Consulting were appointed to manage the suspected liberation vehicles in May, following police raids on City of London premises. The independent trustees brought joint action to establish whether the funds are occupational pension schemes in law. >> City of London police raid liberation call centre << Counse...
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