Around 240,000 pension savers may have lost more than £14bn to fraud

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Around 240,000 pension savers may have lost more than £14bn to fraud

More than 240,600 savers have lost an estimated £14.6bn of pension savings to fraudsters, but a further £2.5trn remains potentially accessible to criminals, The People's Pension (TPP) says. Results of a TPP survey conducted by YouGov, released yesterday (2 December), assumed the £14.6bn estimation based on an average pension pot size of £60,700. More than half (54%) of surveyed savers said they had received an unsolicited call, text, email, or letter from someone they believed was try...

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