Serious Fraud Office: SIPP industry must engage with us

clock

The Serious Fraud Office has urged the self-invested personal pensions industry to report unusual activity in the fight against fraud.

Speaking at an Association of Member Directed Pension Schemes (AMPS) compliance workshop, Paul Craig, head of external relations at the SFO said: "We need you as an industry to engage with us." He revealed the SFO has set up a pension liberation working group with representatives from the DWP, TPAS, FSA and HMRC and had met on "several" occasions. To build up greater intelligence, he urged investors and providers to come forward if they encounter any suspicious activity. He said: "Not everyone becomes a victim. We need to know about suspicions and people being approached. We need to b...

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

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Editor's view: How disjointed is the government's salary sacrifice change?

Editor's view: How disjointed is the government's salary sacrifice change?

The editor's Friday Night Takeaway from 19 December

Jen Frost
clock 19 December 2025 • 3 min read
Pension reflections: Retirement's biggest moments of 2025

Pension reflections: Retirement's biggest moments of 2025

What can we expect to see for pensions next year?

Jenna Brown
clock 18 December 2025 • 15 min read
Women, wealth, and worry: How to close the retirement gender gap

Women, wealth, and worry: How to close the retirement gender gap

Julia Peake explores the retirement gender gap and suggests how it can be closed...

Julia Peake
clock 16 December 2025 • 4 min read