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Capita Oak Pension and Henley Retirement Benefit schemes and Trafalgar Multi Asset Fund

The Serious Fraud Office is investigating the Capita Oak Pension and Henley Retirement Benefit schemes and Self-Invested Personal Pensions (SIPPS) sold through Sycamore Crown Ltd, Jackson Francis Ltd, TPS Land, CLP Brokers or PFR Services, which were invested into storage pods. The investigation includes the 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.

Please note the SFO is unable to provide any further comment as the investigation continues.

Contacted by companies offering compensation or redress?

You may be contacted by companies that approach you with offers of compensation or redress. The SFO believes this may be an attempt to obtain upfront fees or personal details from you. We urge caution if contacted in this manner and advise not providing any personal details unless you are fully satisfied of the identity of the person you are speaking to.

Investors update - 10 December 2020

The investigation into these schemes is ongoing and being progressed whilst social distancing measures are in place.  The SFO would like to thank those investors who have already completed our investigation questionnaire. Please retain any correspondence and documents you hold in respect of your investment.

If you have invested funds into these schemes and have not yet completed our investigation questionnaire, we would ask that you do so.  The questionnaire can be found here.

Should you have any queries or require assistance completing our questionnaire, please email

Page published on 22 May 2017 | Page modified on 10 Dec 2020