Three in court in connection with £14m pension fraud

By Holly Roach

Three people have appeared in court in connection with an investigation into pension fraud totalling nearly £14m.

Alan Barratt, Susan Dalton, and Julian Hanson appeared before Westminster Magistrates’ Court 13 April charged with fraud by abuse of position as part of a criminal prosecution by The Pensions Regulator (TPR).

The regulator alleges that between a total of 245 savers were persuaded to transfer their pension savings totalling £13.7m into 11 pension schemes between 2012 and 2014. These schemes were controlled by the three defendants.

Dalton pleaded guilty to the charge, Barratt indicated a not guilty plea to the charge, and Hanson gave no indication of a plea.

The defendants were released on conditional bail and ordered to appear at Southwark Crown Court on 11 May.

This comes after TPR secured the extradition of Barratt from Spain last month in a first for the regulator following engagement with the Metropolitan Police.