The pensions regulator says individuals have given illegal "pension liberation" schemes an estimated £400m since 2008. The schemes offer to give people early access to their pension funds. They involve transferring the pension pot from a legitimate scheme to one set up by the "pension liberation" company. But Bill Galvin, chief executive of the Pensions Regulator, has told BBC Radio 4's Money Box programme tax charges and unregulated investments abroad could leave little pension behind.....Read more here