Keep calm and avoid getting scammed, says government amid coronavirus chaos

James Phillips
clock • 1 min read

Savers should not rush into making rash changes to their pensions, the government has warned as the Covid-19 crisis continues to hit financial markets.

Pensions and financial inclusion minister Guy Opperman said "callous crooks" could be attempting to capitalise on fears arising out of the market crash or more tentative employment. He urged sav...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Industry

Buzz: Should the government now set out a timetable for increasing AE contributions?

Buzz: Should the government now set out a timetable for increasing AE contributions?

AE contribution rates, guided retirement and pension risk transfer transactions

Professional Pensions
clock 28 September 2026 • 1 min read
Pensions UK urges government to set out timetable for AE rate rises

Pensions UK urges government to set out timetable for AE rate rises

Trade body says 82% of working-age adults see pension under-saving as a key challenge

Martin Richmond
clock 28 September 2026 • 3 min read
Industry urges HMRC to provide more clarity on NMPA increase

Industry urges HMRC to provide more clarity on NMPA increase

Change to NMPA must protect schemes from ‘unnecessary administrative complexity’

Martin Richmond
clock 28 September 2026 • 7 min read
Trustpilot