Lawyer Edward Brown says the Pensions Ombudsman's maladministration ruling against the Northumbria Police Authority for its handling of a suspected liberation transfer is an 'uncomfortable' decision...
A failure to pass on warnings about pension liberation fraud has seen Northumbria Police Authority pay a high price following a Pensions Ombudsman ruling which commentators described as a "landmark" decision. The Pensions Ombudsman's decision in question related to ‘Mr N', who transferred-out from the Police Pension Scheme to the London Quantum Scheme in 2014. London Quantum is now being investigated for pension liberation fraud, and Mr N may have lost some or all of his savings. The ombudsman concluded it was maladministration for the authority not to have conducted proper investi...
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