The Baker Tilly Pensions Fraud Risk Survey was conducted to gain an understanding of the incidence of fraud in pension schemes and how trustees and pensions managers have responded to the risk of fraud. According to the National Fraud Authority, fraud costs the UK in general an estimated £38 billion per annum.
The results have identified a higher incidence of fraud than was expected, but, reassuringly, also indicated that pension schemes are taking action to reduce the risk of fraud.
Download the Pensions Fraud Risk Survey (interactive publication)
Download the Pensions Fraud Risk Survey (pdf)
View our Pensions Fraud Risk infographic