Pension guidance making savers more scam 'savvy'

Maps research reveals £13.6m was lost due to financial scams in last financial year

Martin Richmond
clock • 1 min read
Pension guidance making savers more scam 'savvy'

Nearly three-quarters of people who undertook a pension guidance call with MoneyHelper said it increased their confidence in spotting a scam, research from the Money and Pensions Service (Maps) has found.

Analysis by the arms-length body of the Department for Work and Pensions revealed of the customers who were in contact with MoneyHelper from December 2023 to February 2024, 71% reported they felt t...

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 Admin / Technology

PCS union members working at MyCSP to vote on strike action

PCS union members working at MyCSP to vote on strike action

Workers for pensions admin firm MyCSP to participate in ballot ahead of planned takeover

Jasmine Urquhart
clock 23 May 2025 • 1 min read
Railpen sells TPA business to Broadstone

Railpen sells TPA business to Broadstone

Sale of business which looks after 20 pension schemes will involve employee transfer

Jasmine Urquhart
clock 23 May 2025 • 1 min read
PASA publishes identity management and assurance guidance

PASA publishes identity management and assurance guidance

Guidance aims to bolster member protections and prevent identity-related fraud

Martin Richmond
clock 22 May 2025 • 1 min read
Trustpilot