Pension Fraud: Pensions ruling clarifies eligibility for 'fraud compensation fund'

23 Nov 2020 3:34 PM | Anonymous member (Administrator)

Occupational pension schemes defrauded by pension liberation scams are, in principle, eligible for compensation from the UK's 'Fraud Compensation Fund' (FCF). However, while a ruling by the High Court in London provided clarity on the steps those schemes must take to meet the eligibility criteria, some uncertainty still remains over the extent to which schemes used for pension liberation activity will be able to access compensation.

https://www.pinsentmasons.com/out-law/analysis/pensions-eligibility-fraud-compensation-fund


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