Landmark pension scam ruling: Did the Ombudsman get it wrong?

Analysis of ruling

clock
Brown: One can conclude the authority is not to blame without without needing to believe Mr N is the author of his own misfortune
Image:

Brown: One can conclude the authority is not to blame without without needing to believe Mr N is the author of his own misfortune

Lawyer Edward Brown says the Pensions Ombudsman's maladministration ruling against the Northumbria Police Authority for its handling of a suspected liberation transfer is an 'uncomfortable' decision...

A failure to pass on warnings about pension liberation fraud has seen Northumbria Police Authority pay a high price following a Pensions Ombudsman ruling which commentators described as a "landmark" decision....

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation

The regulator said its more developed proposals for new rules will tackle the causes of harmful practices.

Concerns raised over FCA's 'woolly' consumer duty plans

'Little to no impact on firms already not meeting obligations'

clock 07 December 2021 • 4 min read
The trustees confirmed they are also still working on other exercises in the lead up to the new buyout date.

FCA warns firms advising British Steel members as scheme to exit PPF

Scheme to exit PPF

Hope William-Smith
clock 07 December 2021 • 2 min read
FCA opens consultation to improve consumer protection

FCA opens consultation to improve consumer protection

Based on proposals published in May

Jenny Turton
clock 07 December 2021 • 1 min read