Six people have been questioned by police as part of a joint operation with The Pensions Regulator (TPR) investigating a suspected pension fraud.
Around 370 people are believed to have transferred around £18m into eight pension schemes under investigation, with these funds then passed on to companies connected to the suspects in the investigation....
Could see costs "ramp up"
'Life now seems a lot more fragile than it once was'
DC schemes feeling the pinch
Under 30 complaints for advice firms
The government has launched a review into the UK funds regime in a bid to ensure the ongoing competitiveness and sustainability of the sector.
Adds £60m of assets
Up to £2,500 a month