Three arrests in pensions fraud crackdown

The three men arrested are thought to be connected to pension trustees GP Noble, with two thought to be former executive directors at the firm. On 14 August, the Pensions Regulator suspended GP Noble as trustee for a number of pension schemes after concern was raised about certain plans. The Pensions Regulator transferred management of the schemes to a third party, Independent Trustee Services, and says members’ benefits are not at risk. The SFO, with the help of local police forces, swooped on three addresses and arrested three men aged 40, 47 and 51. It is believed that two of the men...