PSIG launches petition on member scam support

Group calls for change in the way pension and investment fraud victims are treated by HMRC

Jasmine Urquhart
clock • 1 min read
PSIG chair Margaret Snowdon
Image:

PSIG chair Margaret Snowdon

The Pensions Scams Industry Group (PSIG) has launched an industry-wide petition calling for change in the way pension and investment fraud victims are treated.

The petition pointed out the unfair tax charges placed on victims of scams, with HM Revenue & Customs (HMRC) having applied charges of up to 55% for 13 years on top of their loss of retirement savi...

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