FCA is wrong to think rich people more likely to be victims of fraud
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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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.
Aviva Master Trust default strategy now fully ESG factored
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CMI: Second wave excess deaths hit 5,000
Another week-on-week increase in the number of deaths with Covid-19 mentioned on the death certificate has brought total excess deaths since the beginning of the second wave to 5,000.
Smart launches retirement product
Smart has launched a retirement product in a bid to help guide members and bridge the advice gap.
Have your say: Should trustees be held accountable for the security of data and assets in the event of a cyber attack?
In this week's Pensions Buzz, we want to know if you agree that trustees be held accountable for the security of data and assets in the event of a cyber attack.
