PensionsJan 4 2023

Pensions Ombudsman orders rogue trustees to repay £12.6mn

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Pensions Ombudsman orders rogue trustees to repay £12.6mn

The Pensions Ombudsman has ordered a trio of pension scheme trustees to repay £12.6mn, after it found “multiple breaches of trust and many acts of maladministration”, which caused the loss of funds and impacted members’ pensions.

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