The Pensions Regulator issued 20,555 compliance notices between July and December 2021, well down on the 35,087 issues for the previous six months.

The former owner of Norton Motorcycles - Stuart James Garner - has been given an eight month suspended prison sentence for illegally investing pension schemes’ money into his business.

It said that all advisers, administrators, trustees and providers should take responsibility for protecting pension savers by joining its pledge to combat pension scams.

An ambassador for Gambia has been ordered to pay more than £80,000 after being found guilty of withholding information from The Pensions Regulator (TPR).