Sabrina English

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UK Pensions: Pension scams and amber flags: is the future orange?

By Sabrina English on September 17, 2021 Posted in UK

In recent years, many defined benefit (DB) pension scheme members have taken advantage of the ability to transfer their DB pension pots out of their schemes, to be able to access their money in different and more flexible ways. In practice, this often means a transfer to a self-invested personal pension (SIPP). However, the industry … Continue reading

UK Pensions: Pensions Regulator calls on trustees to pledge to stop scammers

By Sabrina English on November 16, 2020 Posted in UK

Last week, the Pensions Regulator (TPR) launched a new initiative that asks pension scheme trustees, administrators, advisers and providers to publicly pledge that they are taking appropriate action to protect their scheme members from scammers. The pledge is aimed to encourage better understanding of the warning signs of a scam, and to improve internal processes … Continue reading

UK: Pension Scams – How to help protect your pension scheme members

By Sabrina English on March 6, 2020 Posted in UK

In HMRC’s latest Pension Schemes Newsletter published at the end of February 2020, it was noted that the Pensions Regulator has published a new scheme transfer checklist, for use by pension schemes if their members request a transfer. The checklist, which was published in conjunction with the FCA, sets out a list of questions that … Continue reading

UK Pensions: Are you sure you’re not a Professional Trustee?

By Sabrina English and Lesley Harrold on June 6, 2019 Posted in Europe, UK

If you are a pension scheme trustee, there is a risk that you might be considered a professional trustee without realising, and be subject to new standards for professional trustees that were published earlier this year. A new system of accreditation for professional trustees is also being introduced. Am I a professional trustee? A professional … Continue reading