Maps not alerting schemes of reason for scam warnings

FOI data found Maps does not communicate about the reason for an ‘amber flag’

Holly Roach
clock • 2 min read
Maps not alerting schemes of reason for scam warnings

Nearly half of the ‘amber flag’ scam guidance sessions conducted by the Money and Pensions Service (Maps) are conducted for “unknown reasons”, Quilter finds.

Freedom of information (FOI) data from Maps gathered by Quilter revealed 44% of Maps' amber flag-related guidance sessions are conducted without knowledge of the reason for the flag being raised. ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

PPF publishes 2023/24 annual report and accounts

PPF publishes 2023/24 annual report and accounts

Lifeboat fund grows reserves to a total of £13.2bn during the year

Jonathan Stapleton
clock 24 October 2024 • 2 min read
PPI data shows £31.1bn now in lost pension pots in the UK

PPI data shows £31.1bn now in lost pension pots in the UK

This is £4.5bn more than the organisation’s estimate two years ago

Holly Roach
clock 24 October 2024 • 2 min read
TPR and PSAG warn industry to 'take action' on scams

TPR and PSAG warn industry to 'take action' on scams

Video from the pair highlights impact of pension fraud

Holly Roach
clock 24 October 2024 • 1 min read
Trustpilot