Pension Fraud – “42% of pension savers are at risk of being scammed” say the FCA

The “Financial Conduct Authority” (FCA) and The Pensions Regulator are issuing a new warning against fraud.

42% of pension savers, equivalent to 5 million people, are at risk of falling for common tactics through cold calls on pensions

Sadly, the likelihood of being drawn into one or more scams, is ever increasing

And so some of these consist of:

Pension cold calls.
Free pension reviews.
Claims of guaranteed high returns.
Exotic investments.
Time-limited offers.

To find out more you can read the whole article https://www.financialreporter.co.uk/later-life/42-of-pension-savers-at-risk-of-being-scammed-fca.html

Do contact us if you feel you need to check your pensions and investments.

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