Unfortunately, pension scams have become more of a problem over recent years with fraudsters targetting pension scheme members with promises of accessing their benefits early, guaranteed high rewards and new investment opportunities.
We always recommend that members take financial advice from an approved financial advisor before they consider transferring their benefits.
If you are concerned that you have been targetted or you just want to find out how to spot a scam, please see the links to some useful websites below:
- The Pensions Regulator - please click here
- Pension Wise - please click here
- The Financial Conduct Authority - please click here
Your pension is one of your most valuable assets, so it’s essential you know how to protect yourself and your hard earned savings against scammers.
PLEASE REMEMBER THAT IF IT SOUNDS TOO GOOD TO BE TRUE, IT PROBABLY IS!
The Pensions Regulator and Financial Conduct Authority have created a joint leaflet, which contains important information about pension scams. Download the leaflet by clicking here.