SFO seeks information from investors in storage pod schemes
22 May, 2017 | News Releases
The Serious Fraud Office has opened an investigation into the Capita Oak Pension and Henley Retirement Benefit schemes, Self-Invested Personal Pensions (SIPPS) as well as other storage pod investment schemes. The investigation includes the Westminster Pension Scheme and Trafalgar Multi Asset Fund which invested in other products.
Over a thousand individual investors are thought to have been affected by the alleged fraud, including those who invested their pension funds. The amounts invested total over £120m.
The SFO encourages members of the public who have invested in these schemes over the period 2011 to 2017 to complete a questionnaire which is available here.
Please note the SFO is unable to provide any further comment as the investigation continues.
Notes to editors
- The SFO’s investigation is being assisted by Project Bloom partners including the National Crime Agency and The Pensions Regulator. The Spanish authorities also assisted the investigation.
- Project Bloom is a multi-agency group which was set up to tackle pension liberation fraud in a co-ordinated way.
- Information on pension protection is available here.