£5m lost to fraud between February and June
The Pension Scams Industry Group (PSIG) has called on the Financial Conduct Authority (FCA) to consider further interventions to protect pension scheme members from scams.
Annual growth in cases up 7%
Analysis of ruling
‘Chance of redress’ – Steve Webb
'Inevitable consequence' of single financial guidance body
Will streamline process for consumers
Working with BSPS trustees
The Pensions Ombudsman is planning to bring The Pensions Advisory Service's (TPAS) dispute resolution process into its remit.
Complainant hit with tax bill
Hughes v Royal London decided in February
Wants to be more accountable to public
The Pensions Ombudsman has ordered Abbey Life to pay almost £10,000 to a scheme member for failing to inform her that she had a guaranteed annuity rate (GAR).
The Pension Ombudsman Service (POS) has dismissed a complaint against self-invested personal pension (SIPP) provider Berkley Burke, ruling it was not the firm's responsibility to carry out detailed due diligence on unregulated investments.
The Pensions Ombudsman has thrown out a claim against Hargreaves Lansdown over a delay in death benefits payments, saying the firm acted in a way that was "justified" and "not unreasonable".
Prudential has been cleared of any wrong-doing by the Pensions Ombudsman after it granted a transfer to a suspicious pension scheme.
The pensions ombudsman has dismissed a complaint against Royal London over its decision to turn down a transfer request into a suspected pension liberation scheme.
The Pensions Ombudsman (PO) has dismissed complaints against Legal and General (L&G) and Scottish Widows after they granted transfer requests worth over £50,000 to a suspicious pension scheme.
Pension scheme members are three times more likely to be approached about accessing their pots since the Budget freedoms were announced, according to research.
The Pensions Ombudsman (PO) has directed Standard Life to reconsider granting a transfer request to a suspected liberation vehicle after a scheme member complained about the provider.
The Pensions Ombudsman has announced delays to its decision on upwards of 84 complaints related to suspected liberation fraud, claiming it is "not yet in a position to publish" conclusions.
The Pensions Ombudsman has revealed it is investigating 84 complaints about pension liberation.
The ten most common complaints investigated by the Pensions Ombudsman in 2013-2014 excluded queries relating to fees, fund switches and pension liberation, figures show.
Most of the 41 pension liberation cases currently under investigation by the Pensions Ombudsman (PO) are complaints against trustees blocking transfers to suspicious vehicles.