Legal & General blocks 300 suspicious pension liberation requests

The provider said it had witnessed a noticeable rise in the number of transfer requests to schemes it regards as high risk since the start of the year. Legal & General pensions strategy director Adrian Boulding said: "We are seeing similar numbers of transfer requests to suspected pension liberation schemes as other providers. So far we have blocked or delayed around 300 suspicious transfer requests.  "Where HM Revenue & Customs, The Pensions Regulator or any other government agency, such as Action Fraud, has notified us of its suspicions regarding a particular scheme we are blocking ...