HENLEY PENSION SCAM
THE WAY THE SCHEME WORKED
This was the “sister” scheme to Capita Oak, whose trustee was Imperial Trustee Services. The Henley trustee was Omni Trustees. Both Omni and Imperial were wound up by the Insolvency Service in the summer of 2015 and the two schemes had around £20m invested in Store First store pods. Store First is part of Toby Whittaker’s Group First – and another of his companies is Park First which Stephen Ward’s London Quantum scam was invested in.
The Henley Retirement Benefits Scheme was a bogus occupational scheme registered by HMRC and the Pensions Regulator. The scheme received £8.6m from members of the public between 2012 and 2013.
The administrator to the scheme was T12 Administration followed by DBC Pension Services Ltd on 7.3.13. Stuart Chapman-Clarke’s firm Sanderson Clarke was involved in promoting the scam. The store pods were purchased by solicitors Metis Law in Leeds.
The victims were promised guaranteed 16% returns and were told they could legally access 50% of their pension without incurring tax liabilities.