Tweet
Police have made a number of arrests in the first operation of its kind to tackle suspected fraudulent pension liberation schemes. The City of London Police raided a call centre, seizing computers and documents in the operation. Arrests were also made in Scotland and Cheshire. The Pensions Regulator warned about pension liberation schemes when it launched an awareness campaign in February. Depending on how it is structured, pension liberation is not necessarily illegal. Police say that it starts to become illegal if there is evidence of members being misled about the possible tax consequences involved.
Spam texts
Pension liberation schemes encourage people to access their pension savings before the age of 55, but tax charges and fees often slash the eventual payout.....Read more here
- Hi & Welcome to the AAD Consumer Forum
We're a FREE consumer debt and legal forum offering help, support and debate in many areas of day-to-day life. You will need to Register a Free Account before you can join in with the discussion and contribute with your own posts. Remember to also check out the FAQ's so you can get to grips with how the forum works ready to start posting your new topics. Read about the new GDPR 2018 Rules and how it affects you as a member of AAD.