FCA is wrong to think rich people more likely to be victims of fraud

Michael Klimes

Six in ten people criticised the observation from the Financial Conduct Authority (FCA) that people with more money in their pots would fall victim to pension liberation more often.

Better off people were shrewder than they were given credit for and would be able to survive a scam better according to the majority of Pension Buzz's 134 respondents. One pundit said: "I agree...

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