Man changes plea to guilty at hearing over £13.7m pension transfer fraud

A defendant charged in connection with a multi-million-pound pension fraud investigation by the UK's The Pensions Regulator (TPR) changed his plea to guilty at a hearing at Southwark Crown Court on 14 January. In a statement, TPR alleged that between 2012 and 2014, 245 savers were persuaded to transfer their pension savings - totalling £13.7m - into 11 pension schemes under the control of three defendants - Alan Barratt, Julian Hanson and Susan Dalton. Alan Barratt, 61 of Brooklands, Burnham Road, Althorne, Essex, had previously pleaded not guilty to a charge of fraud by abuse of posi...