Pension scam-fighting bodies respond to the Home Office's launch of new fraud disruption unit and fraud strategy

The multi-agency task-force at the forefront of fighting pension fraud - The Pension Scams Action Group -  has responded to the Home Office's launch of a new fraud disruption unit today.

The Pension Scams Action Group has welcomed the Government's announcement of a “New fraud disruption unit in crackdown on Britain's most pervasive crime” (9 March 2026). The new Online Crime Centre is part of the Government's new Fraud Strategy.

Gaucho Rasmussen, Executive Director of the Enforcement and Legal Group at The Pensions Regulator, which leads the Pension Scams Action Group commented:

“Fraud wrecks lives. Tackling it demands strong, coordinated action. The Pension Scams Action Group works closely with law enforcement, government, the pensions industry and other partners to detect, disrupt and block pension fraudsters and hold perpetrators to account.

“We welcome the government's fraud strategy as a significant step forward, which recognises the need for robust inter-agency collaboration to stop scammers in their tracks and protect savers' money.”

Notes to Editors

• TPR leads the Pension Scams Action Group (PSAG), bringing together the Government, law enforcement and intelligence agencies, the pensions industry and other partners to tackle pension fraud and prevent savers falling victim.   

• Together we have dismantled fraudulent business models, prosecuted fraudsters, confiscated their assets, barred trustees, and secured stronger legislation.  ~

• Through closer coordination, enhanced intelligence-sharing and use of technology, the multi-agency group monitors for scam threats and takes decisive action to protect savers by disrupting emerging risks as early as possible    

• We have also worked with partners to secure compensation of more than £180 million for victims of historic pension scams which has been paid across to the affected schemes since August 2024.  
  
  
• TPR's consumer-facing awareness campaigns to warn savers of the dangers of pension scams have reached millions in recent years, including collaborating with the BBC on an EastEnders scam storyline that reached more than 3 million people. 
  
  
• We work closely with the pensions industry to help ensure they do all they can to protect their members. Our Pledge to Combat Pension Scams campaign has resulted in more than 600 pension schemes and organisations commit to adopting higher standards of scams prevention.