PO pension scam complaints soar by two-thirds

clock

There has been a 66% increase in the number of complaints the Pensions Ombudsman (PO) has received in relation to pension scams since July.

The latest figures showed the Ombudsman was looking at 140 complaints, compared to 84 when contacted by PP during the summer (PP Online, 11 July). Some 90% were related to blocked transfers. Thi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

National Coalition for Workplace Savings launches

National Coalition for Workplace Savings launches

Group aims to increase number of employees able to access workplace savings schemes

Jonathan Stapleton
clock 16 June 2026 • 3 min read
Nest publishes 'first-of-its-kind' member assembly report

Nest publishes 'first-of-its-kind' member assembly report

Report calls for members to have ‘stronger’ voice in scheme’s decision-making

Martin Richmond
clock 16 June 2026 • 2 min read
News Digest: Scheme investors choosier about private markets after turbulence

News Digest: Scheme investors choosier about private markets after turbulence

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 16 June 2026 • 1 min read
Trustpilot