
Research from the UK's Financial Conduct Authority (FCA) and TPR has revealed the average amount lost to pension scammers in 2018 was £82,000--a sum that takes the average earner 22 years to accrue. The report also found that nearly two-thirds (63%) of people would trust someone offering pension "advice" almost out of the blue. Worryingly, 1 in 4 people would take 24 hours or less to decide on a pension offer presented to them. Tom Selby, senior analyst at AJ Bell, commented: "Hubris an...
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