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TPR bans 3 over suspected multi-million £ pension transfer scam

Three people have been banned from acting as pension trustees over suspicions that millions of pounds were scammed from investors whose pensions were transferred to schemes of which they were trustees.

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1 in 12 pension transfers may be a scam - consultant

Analysis by a pension consultancy has uncovered signs of potential scam activity in 1 in 12 pension transfer requests with unauthorised advisers among the worst culprits.

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