Written Question·Department for Work and Pensions·UIN 22554

Pensions: Fraud

Tabled: 7 January 2025

Answered: 17 January 2025

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Secretary of State for Work and Pensions, what support her Department is providing for victims of pension fraud schemes.

Answer

Torsten Bell

Where fraud does occur, the Fraud Compensation Fund (FCF) compensates occupational pension schemes where there has been a loss in the value of the scheme assets due to fraud or dishonesty. Following payment of compensation to schemes, independently appoin...

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