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Pension Liberation Fraud March 2013

10 May 2013

NILGOSC has recently seen an increase in transfer requests, where members appear to have been promised early release of pension rights if they transfer their accrued rights out of the Scheme.  Information on the possible risks involved with transferring out can be found here (*62KB, PDF).  As a result of this increase we have reviewed our transfer out procedures, with the aim of highlighting these risks to our members.

BBC News - Arrests follow alleged pension liberation fraud 

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