94% of trustees fear members will be scammed

Warning that lax due diligence could be compounding the problem

Hope William-Smith
clock • 1 min read
Wealth At Work director Jonathan Watts-Lay
Image:

Wealth At Work director Jonathan Watts-Lay

Findings show almost all (94%) trustees fear their members approaching retirement will be scammed.

A joint survey from Wealth at Work and the Pensions Management Institute considered responses from trustees between June 2020 and April 2021 finding all were "well aware" of the persistence of scam...

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