Cost of living exposing savers to more scams, TPR warns

The regulator has set out a new scams strategy and is calling on the industry for ideas

Hope William-Smith
clock • 2 min read
Parish: “Our new scams combat plan sets out to make savers aware of the risk of scams"
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Parish: “Our new scams combat plan sets out to make savers aware of the risk of scams"

The Pensions Regulator (TPR) is calling on schemes to adopt higher standards of protection for savers’ pots as the ongoing cost of living crisis exposes them to potential new pension scams.

The regulator's new scams strategy - published today (3 August) - warns savers might be "lured by offers to access their pension savings" earlier than tax limits allow in order to cover essential c...

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