A trustee of the Optimum Retirement Benefits Plan has been suspended by The Pensions Regulator (TPR) following the launch of a police investigation into a suspected liberation scam.
Announced today (20 June), Gordon Craig was suspended from his role as trustee while police continue their investigation, following a decision by the TPR's Determinations Panel which connected his involvement in what it believes to be pension liberation. The regulator has also appointed Dalriada Trustees as an independent trustee to act in place of Craig and the other trustees of the scheme, resulting from concern that they had breached their duties. In a statement, TPR said it was necessary to "protect other pension holders by preventing them from transferring their funds into the sc...
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