Tag Archives: Fraud
Tribunal upholds bans and fines for reckless pension advisers and fund manager
This is an announcement on 18th February by the FCA The Upper Tribunal has upheld the FCA’s decisions to ban Stephen Joseph Burdett and James Paul Goodchild from working in financial services. Mr Burdett and Mr Goodchild previously held senior … Continue reading
Posted in pensions
Tagged Darren Reynolds, FCA, Fraud, Stephen Joseph Burdett and James Paul Goodchild
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“Failure to Prevent Fraud” offence comes into force today
Thanks to many people for highlighting this new prevention legislation that is arriving today (September 1st 2025) The offence covers fraud committed anywhere in the world if your organisation has strong UK connections. It is time that we considered the … Continue reading
Posted in pensions
Tagged Channel Islands, dubai, Fraud, Gibralter, Home Office, Malta, Pensions, SFO
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Failure to prevent fraud – penalties arrive on Monday
Thanks to many people for highlighting this new prevention legislation that is arriving this Monday (September 1st 2025) The offence covers fraud committed anywhere in the world if your organisation has strong UK connections. It is time that we … Continue reading
Posted in pensions
Tagged Channel Islands, dubai, Fraud, Gibralter, Home Office, Malta, Pensions, SFO
Leave a comment
The Serious Fraud Office charges Store First – 9 years on!
The Serious Fraud Office has today charged multiple individuals with fraud related offences, following a complex investigation into the transfer of £75 million in pension funds into storage units based mainly in the North of England and Scotland. Toby Whittaker, … Continue reading
“A complete shift in how victims are supported and justice delivered”
📢 On Monday, a pivotal Parliamentary summit will give voice to investment fraud victims, exposing systemic failings – including unjust tax treatment. Experts will call for a complete shift in how victims are supported and justice is delivered#FairTaxForFraudVictims pic.twitter.com/iaZt8CCpO1 — … Continue reading
The difference between opportunistic theft and systemic pension fraud
I thought I’d look at what was making headlines in the trade press this morning and found, not surprisingly – two stories on fraud. The first involves my friend and hero Margaret Snowdon. Margaret looks not just at the crime … Continue reading
How well does Linked in’s fraud protection work?
Grant Eldred is the Chief People Officer of the world’s largest law firm – Clifford Chance. I worked with him at the start of his career, he is one of the most professional people I have ever met. Do you … Continue reading
Open finance throttles fraud.
I am very pleased to see PASA’s online guide to countering online fraud. In writing that sentence I hope to explain my dilemma as someone promoting data sharing and promoting pensions. If fraud stops us sharing information, fraud has … Continue reading
PASA fights pension fraud with new guide
The Pensions Administration Standards Association (PASA), the independent body dedicated to driving up standards in pensions administration, has unveiled its Counter Fraud Guidance for UK pension schemes, trustees and providers. PASA is run by pragmatic , experienced and strong people … Continue reading
Must Britains be slaves to online pension fraud?
In yesterday’s debate on Online Harms, I urged the Minister to act to stop people losing their pension savings through scams. The Government doesn’t want to tackle this in its Online Safety Bill. It needs to think again. pic.twitter.com/uU5CRBMpOW — … Continue reading