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Displaying items by tag: pension scams

Thousands more pension savers are taking action over concerns they have been hit by a pension scam or are at risk - spurred by an FCA and TPR-backed campaign.
Published in Articles
Royal London’s Steve Webb has hailed a new ruling by the Pensions Ombudsman as a "landmark" which offers new hope for victims of pension scams. 
Published in Articles
The PLSA has welcomed news that the Government is set to publish draft legislation to ban pension cold calling - including texts and emails - in early 2018.

Published in Articles
In August, HM Treasury and the Department for Work & Pensions finally released their response to the ‘Pension Scams’ consultation.
Published in Comment and Blogs
Tuesday, 12 September 2017 18:44

Xafinity warns 1 in 12 pension transfers may be scam

Analysis by a Sipp provider and pension consultancy has uncovered signs of potential scam activity in 1 in 12 pension transfer requests with unauthorised advisers among the worst culprits.
Published in Articles
Wednesday, 23 August 2017 11:17

PLSA calls for urgency on pension scam ban

The Pensions and Lifetime Savings Association, the 1,300-member pension scheme trade association, has urged the government to speed up the implementation of its ban on pensions cold calling.
Published in Articles
Losses due to pension scams were close to £2,500,000 from July to August, police figures have indicated.
Published in Articles
Losses due to pension scams more than tripled to nearly £5m in the month after the pension reforms took effect as liberation scams tripled, new figures suggest.
Published in Articles
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