Pensions Ombudsman UKOct 18 2022

Pension trustees posing as advisers to pay £880k redress bill

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Pension trustees posing as advisers to pay £880k redress bill
[Chris Ratcliffe/Bloomberg]
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Pensions trustees calling themselves 'qualified financial advisers' have been ordered to pay back scheme members over £880,000 by the Pensions Ombudsman after it found evidence of “multiple breaches of trust and many acts of maladministration”.

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