Over 5 million savers at risk from pension scams across the UK

Pedro Gonçalves
clock
Over 5 million savers at risk from pension scams across the UK

More than 5 million pension savers are at risk of being conned as fraudsters increasingly target people's retirement cash pots, regulators have warned. A report commissioned by the Financial Conduct Authority and The Pensions Regulator has found that 42% of pension savers, which equates to over 5 million people, could be in danger of losing out from criminal tricks such as cold calls and time-limited offers. Research suggests people could fall for at least one of six common tactics used...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login