We want to make you aware of the following Pension Scams.
|Action Fraud have seen an increase in this scam and have launched a national awareness campaign to remind the public about the importance of doing your research before making changes to your pension arrangements.
Some simple steps to protect yourself from pension scams
Reject unexpected pension opportunities, such as free pension reviews or investment opportunities involving your pension, whether made via email, social media, text, or over the phone.
Research who you’re dealing with before changing your pension arrangements – check the FCA Register, or call the FCA on 0800 111 6768 to see if the firm is authorised by the FCA.
Don’t be rushed or pressured into making any decision about your pension – consider getting impartial information and advice from a financial advisor authorised by the FCA to help you make the best decision for your own personal circumstances.
Be suspicious if you are contacted out of the blue about an investment opportunity - seek advice from trusted friends, family members or an independent professional advice service before making a significant financial decision, especially when it involves your pension pot. Even genuine investment schemes can be high risk.
Be ScamSmart and visit the ScamSmart website to learn how to protect yourself from pensions scams.
If you suspect a scam, report it.
If you think you’ve been a victim of pension fraud, contact your pension provider immediately and report it to Action Fraud online at actionfraud.police.uk or by calling 0300 123 2040.
Please share this information with your parents/grandparents who may be vulnerable to this scam.
Message Sent By: