Pension scams

The Pensions Ombudsman (PO) is scrutinising a complaint related to a pension transfer that the member believed should have been blocked.

The Trades Union Congress (TUC) has warned that savers will be ripped off in ways that are "perfectly legal" when they can access their defined contribution (DC) pension pots from this April.

One in ten pensioners has been approached by a fraudster looking to gain access to their cash, according to research.

Pension scheme administrators are set to come under greater scrutiny from HM Revenue and Customs (HMRC) as it builds on its ‘fit and proper' powers.