The Pensions Regulator (TPR) is investigating 27 cases relating to pension liberation, a Freedom of Information request has revealed.
Details obtained by IFAonline sister title Professional Pensions also showed that, of the 27 cases currently open, two have progressed to the High Court.
Last year, TPR confirmed it was looking into 21 incidents of suspected liberation activity.
It comes as the industry awaits Pensions Ombudsman rulings on 41 member complaints relating to liberation.
TPR said it "continues to investigate new reports of pension liberation fraud and will continue to work with the pensions industry, other government agencies and law enforcement agencies to ensure it is prevented, deterred and disrupted".
It added: "We have published a number of determinations in respect of pension liberation fraud cases, as well as guidance for members, trustees and pension professionals."
Last month, TPR made public the Determinations Panel decisions against the Pennines and Mendip Retirement Benefit Schemes.
It revealed the investment companies behind the suspected liberation vehicles provided "misleading and inaccurate information" to members in an effort to bring legal and regulatory action to an end (PP Online, 27 February).
Industry experts recently warned the people behind suspected liberation schemes were encouraging prospective members to make Pension Ombudsman complaints against blocked transfers and regulatory action (PP Online, 20 February).
What made financial headlines over the weekend?
Q2 net sales dropped almost 50%
‘Important to have an anchor’
Lack of innovation for solutions