What’s the Problem?

Thousands of UK citizens have been scammed out of their life savings and pensions – through schemes that were legitimate and HMRC-registered. These victims thought they were making responsible financial decisions in securing their future by following FCA regulated advice. These victims were not reckless – they were targeted and defrauded. 

The worst part?

Many have been fighting for justice for 10, 15, even 20 years. Some have died waiting. Others are still paying interest on tax outstanding to HMRC, on the money they were defrauded of. People have lost homes, relationships, mental health — and yet there is still no meaningful resolution.

Why Is This Happening?

Because current systems don’t offer proper protection or redress:

Why Is This Happening?

Because the current systems don’t offer proper protection or redress:

• Financial regulators often act too slowly — or not at all.
• HMRC has no third-party fraud policies, meaning victims are still being taxed on stolen funds, while perpetrators go unpunished.
• Police lack the remit or resources to investigate complex financial fraud crimes.
• Ombudsman schemes are limited on time or inaccessible.
• There is no formal support system for victims to navigate this or rely on.

Who Are We?

Investment Fraud Committee, is part of the APPG on Investment Fraud & Fairer Financial Services, to bring this issue firmly into Parliament — and keep it there.

Why We Need Your Support

This is a systemic issue affecting thousands — not isolated cases.

The current tax treatment is unjust, and victims are being penalised for being defrauded.

People are suffering in silence, and many have reached breaking point.

There is a clear opportunity to lead on meaningful, long-overdue reform.

What You Can Do

Support the #FairTaxForFraudVictims campaign.

Join or follow the Investment Fraud Committee.

Help push for sensible tax policy changes to protect victims.

Encourage improved policing, redress, and regulatory response.

Speak with victims and campaigners — hear their stories.

Final Word

This isn’t about blame — it’s about fixing a broken system with humanity and urgency.

No one should suffer for 20 years after trying to do the right thing with their pension.

With your help, we can finally deliver justice — and ensure no one else is left behind.