Pension Liberation

Five retirement stories you might have missed

Pension administrators will be required to provide HM Revenue & Customs (HMRC) was additional information before setting up new schemes as part the crackdown on pension liberation.

Fraudsters targeting retirement pots through liberation or bogus transfers will take advantage of pensions freedom to target an even greater number of savers, Phoenix has warned.

Pension scheme members are three times more likely to be approached about accessing their pots since the Budget freedoms were announced, according to research.

There are still too many people in financial services who think they can "keep their customers where they want them" by quietly carrying on with old-style practices, Pensions minister Steve Webb has said.

The Pensions Ombudsman (PO) has directed Standard Life to reconsider granting a transfer request to a suspected liberation vehicle after a scheme member complained about the provider.

The Financial Conduct Authority (FCA) and the Association of Member-Directed Pension Schemes (AMPS) "are not on speaking terms" after last year's SIPP capital adequacy showdown - leaving providers with little or no support in the fight against pension...

The Pensions Regulator (TPR) has shut down a group of five pension liberation schemes that had taken more than £134m from more than 1,400 people.

The fallout for victims of pension scams will be greater than expected due to under reporting, according to the Pensions Advisory Service (TPAS).

The Pensions Ombudsman has announced delays to its decision on upwards of 84 complaints related to suspected liberation fraud, claiming it is "not yet in a position to publish" conclusions.