Danger warning over 'amber flags' for pension scam rules

clock • 1 min read
Danger warning over 'amber flags' for pension scam rules

The Association of Consulting Actuaries (ACA) has called for the proposals in the UK's Department for Work and Pensions consultation on regulations on dealing with pension scams to have detailed guidance from the Pensions Regulator and for sufficient time to be given to administrators, on behalf of their trustee clients, to adapt their processes to this new system. In response to the DWP's 'Pension scams: empowering trustees and protecting members', ACA chair, Patrick Bloomfield said: "We welcome...

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