UK investors lost more than £2bn to investment fraud since 2020

PMI research finds £855m was lost to duplicitous investment scams in 2022

Martin Richmond
clock • 2 min read
UK investors lost more than £2bn to investment fraud since 2020

More than £2bn has been stolen from UK investors through fraudulent investment scams since the start of the decade, research from the Pensions Management Institute (PMI) shows.

The institute's research, obtained through a Freedom of information (FOI) request to the City of London's Police National Fraud Intelligence Bureau, found between January 2020 and December 2023, mo...

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 Investment

Schemes look to pass-through voting as part of customisation push

Schemes look to pass-through voting as part of customisation push

Asset owners ‘no longer content’ to be passive participants

Jonathan Stapleton
clock 30 October 2025 • 1 min read
Is it right to have 25% of DC pensions invested in just seven companies?

Is it right to have 25% of DC pensions invested in just seven companies?

There is significant concentration in the passive portfolios of many DC defaults

Jonathan Stapleton
clock 30 October 2025 • 3 min read
Customised services risk asset manager profitability

Customised services risk asset manager profitability

Report says customised mandates can be expensive and create operational complexity

Jonathan Stapleton
clock 29 October 2025 • 2 min read
Trustpilot