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Episode details

Radio 4,20 Oct 2014,45 mins

Hundreds search for pensions they transferred after cold calls

You and Yours

Available for over a year

In a special You and Yours, we investigate a web of companies that sold millions of pounds of pension investments to hundreds of people - and has left many of them desperately trying to find out where their money has gone. There were a number of companies involved...all of them promised a lump sum upfront and then big returns further down the line. But You and Yours has spoken to dozens of worried people who have transferred their pensions and then heard little or nothing since. We've also discovered that many of the people behind these companies are difficult to trace - as is a lot of the money. What happened raises important questions about the way pensions are regulated.

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