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Professional Pensions Monthly Digest: January 2022

Fraud suspect changes plea in £13 7m pension transfer case

Multimillion-pound pension fraud suspect changes plea to guilty

News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service

New guilty plea in multi-million-pound fraud case

A man charged with defrauding pension scheme members out of £13.7m of their savings has pleaded guilty to the offence in court today (14 January).

Suspect In £14M Pension Fraud Case Changes Plea To Guilty

A suspect charged with fraudulently persuading almost 250 retirement savers to transfer £14 million ($19 million) out of their pension pots has changed his plea from not guilty to guilty at a crown court in London, the pensions watchdog said Friday.

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