Source · Select Committees · Work and Pensions Committee
Recommendation 28
28
Paragraph: 114
Regulators exist to protect savers and not enable scammers.
Recommendation
Regulators exist to protect savers and not enable scammers. Where a regulator has failed in this fundamental duty they should be held accountable. We recommend that the Government review the recourse available to pension scam victims when the actions of a regulator have been beneficial to the scammer.
Paragraph Reference:
114
Government Response
A response document is linked to this report, dated 6 July 2021. Response attribution to this recommendation has not been verified. Read the response document ↗