We need more public awareness of scams

Pension scams have been an unwelcome feature of the pensions landscape for quite some time. However, the introduction of freedom and choice has undoubtedly made things worse. Helen Morrissey asks how we can tackle the scammers.

Helen Morrissey
clock • 1 min read

Pension scams have been an unwelcome feature of the pensions landscape for quite some time. However, the introduction of freedom and choice has undoubtedly made things worse. Helen Morrissey asks how we can tackle the scammers.

According to research from Citizens Advice, a whopping 10.9 million people have received unsolicited calls about their pensions since last April. This includes 2.4m consumers aged between 55-64.  ...

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 Law and Regulation

Four 'lucrative areas' for Budget pension reform

Four 'lucrative areas' for Budget pension reform

Treasury could move on tax-free lump sum, tax relief, salary sacrifice or annual allowance in hunt for Budget savings

Jonathan Stapleton
clock 20 August 2025 • 8 min read
PPI – The urgent need for action on adequacy

PPI – The urgent need for action on adequacy

Priya Khambhaita says current minimum contribution rates mean many retirees will not have the DC assets they need.

Dr Priya Khambhaita
clock 19 August 2025 • 3 min read
Thousands of pension scam victims receive more than £80m in compensation

Thousands of pension scam victims receive more than £80m in compensation

Compensation awarded to more than 2,000 members of 58 schemes targeted by fraudsters

Martin Richmond
clock 19 August 2025 • 3 min read
Trustpilot