Most of the 41 pension liberation cases currently under investigation by the Pensions Ombudsman (PO) are complaints against trustees blocking transfers to suspicious vehicles.
Yesterday, it was revealed the number of inquiries relating to pension liberation had soared from the nine reported in October. A PO spokesperson confirmed the majority of the 41 complaints were filed by members unhappy with the trustees' decision to block a statutory transfer due to concerns about the receiving scheme. Other cases have been referred by members who have transferred their funds into a scheme that has subsequently been identified by The Pensions Regulator (TPR) as participating in liberation activities. The spokesperson said: "The majority of cases we are investigati...
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