Ark Pension Scandal
3K posts

Ark Pension Scandal
@ArkScandal
Helping vulnerable victims of HMRC registered scams. Having lost pensions victims now face unjust tax charges of 55%. VICTIMS: Veterans, Police, MOD, Nurses.
Katılım Temmuz 2019
1.2K Takip Edilen279 Takipçiler

FCA bans former adviser for stealing over £50k from client during Covid international-adviser.com/fca-bans-forme…
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@ArturNadol7566 @TheFCA 150 pension scams set up via Tpr / HMRC sold via FCA advisors to trusting victims ! Lives ruined hounded by HMRC for unauthorised pension transfers ignored the fact regulated advice involved
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FCA REJECTS ITS OWN WATCHDOG
Around 8,000 British Steel Pension Scheme members transferred out.
Almost half, 46%, did so after receiving unsuitable advice.
Now the Complaints Commissioner says the @TheFCA acted too slowly, and rejects that finding.
That should alarm every consumer in this country.
When a regulator is told it failed victims, the public expects honesty, action, and accountability. Instead, we get denial.
@BritishSteelUK workers made life changing pension decisions. Many trusted the system that was meant to protect them.
Years later, the damage is still being argued over, while the regulator pushes back against criticism of its own conduct.
If the regulator cannot accept findings from the Complaints Commissioner in a case this serious, what confidence should the public have that lessons will be learned before the next scandal hits?
Source: @FTAdviser, @tom_dunstan, 26 March 2026

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Ark Pension Scandal retweetledi

The tactics used when dealing with victims of financial abuse , roundabouts stonewall ? Top down systemic failures but blame victims and string matter out until the bitter end . RIP
Grev Williams 〓〓@JusticeTrousers
This is a tough read. Every Institution in this chain had a choice, and every Institution chose the path that protected itself.
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Bank of London fined puny £2m for filing fake documents with regulator to conceal its financial position.
Fine reduced from £12m because that "would cause serious financial hardship."
Peter Mandelson was a director until 2024.
No exec fined/prosecuted.
bankofengland.co.uk/news/2026/marc…
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HMRC given sanctionable conduct powers against ‘bad advisers’ - Tougher powers for HMRC to clamp down on rogue tax advisers with move to sanctionable conduct replacing dishonest conduct despite only being used five times
accountancydaily.co/hmrc-given-san… via @accountancylive

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@StandardLifeUK victims of fraud deserve the recognition thank you
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@ArkScandal Thank you for letting us know. Our complaints team will investigate this for you. We recognise the importance of your query and our team will respond as quickly as possible. Social Media Team
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14 years of hell at the hands of HMRC awaiting tax on a fraud , a victim transfered by a tick box excercise in 2011 from @StandardLifeUK to a fraud on the power of investment , having problems again transfering out in a legal fashion joke @StandardLifeUK #pensions
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@DavidDavisMP Great to have support for this miscarriage of justice good luck to @robilypj so many more misjustices to follow !@investfraudcom
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Tom Hayes is a victim of a miscarriage of justice.
He was wrongly imprisoned for five and a half years.
He is owed nearly £300,000 by the Government.
Yet, because of internal disagreement among Government departments over who should pay, he has not seen a penny.
I raised Tom's case in the @HouseofCommons earlier today 👇🏻
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@StandardLifeUK You hold incorrect information on file and as a victim of 14 years abuse at the hands of the system this will be higlighted
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@ArkScandal Hi, if you would like to send us a private message with more information on what you need help with, we will do our best to help. Alternatively you can call our team on 0800 634 7476, and they can help you locate your plan and assist you with your pension.
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Ark Pension Scandal retweetledi


@ExHMRCInspector @gregwrightYP 14 year delays plus interest in pension scams facing unauthorised 55% plus interest
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One thing that often makes HMRC enquiries feel unfair is delay.
I had a case where HMRC did not respond for well over a year because the file had supposedly gone to a technical specialist who would not engage with us at all.
A complaint was eventually upheld all the way through Tier 2, and compensation was paid.
It isn’t the taxpayer’s fault if HMRC choose to run a system without enough resource to progress cases properly.
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Ark Pension Scandal retweetledi

APPG in the Media
🗞️ Pressure mounts on FCA as MPs call for regulatory overhaul 👇
moneymarketing.co.uk/news/pressure-…
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