Pension Fraud

Pension fraud generally involves dishonest conduct intended to obtain financial benefit from a pension scheme or pension savings. This may include misleading pension providers, transferring funds through fraudulent schemes, or making false representations to access pension assets unlawfully.

Pension fraud offences are commonly prosecuted under the Fraud Act 2006 and can carry significant penalties, including substantial financial penalties, confiscation orders and custodial sentences. The severity of the sentence depends on factors such as the value involved, the level of planning and the individual’s role in the alleged conduct.

Our experienced team provides comprehensive legal support. From advising during investigations and representing you in interviews to preparing a robust defence strategy for court, we work tirelessly to protect your rights and pursue the strongest possible outcome.

If you become aware of a pension fraud investigation, seek legal advice immediately. Do not discuss the matter with investigators, pension providers or other parties without your solicitor present.

Yes. Individuals may still face investigation if they are believed to have benefited from or participated in a fraudulent pension arrangement. However, demonstrating that you lacked knowledge or dishonest intent can form part of a strong defence.

Yes. Financial advisers, introducers and other intermediaries may face prosecution if they are alleged to have knowingly promoted or facilitated fraudulent pension schemes.

Yes. Authorities may apply for restraint orders or pursue confiscation under the Proceeds of Crime Act 2002 if they believe criminal benefit has been obtained.

Yes. A conviction can have serious professional consequences, including regulatory action, loss of licences or authorisation, and lasting damage to your professional reputation.