Pension Scams
Submitted by Administrator on March 18, 2021 - 10:38am
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Pension scams have increased during the COVID-19 pandemic. In 2020, Action Fraud reported a 400% rise in coronavirus-related fraud, and a measurable increase in attempted pension scams.
Printer-friendly versionPension scams have increased during the COVID-19 pandemic. In 2020, Action Fraud reported a 400% rise in coronavirus-related fraud, and a measurable increase in attempted pension scams.The usual methods for pension fraudsters to approach their victims are via telephone (cold-calling) or unsolicited emails, so neither have been hampered by the lockdown measures. Meanwhile potential victims, now accustomed to everyone getting in touch this way, may be less on their guard.
To help protect yourself:
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Reject offers that come out of the blue
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Beware of adverts online
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Check who you are dealing with.
Use the financial services register on the Financial Conduct Authority website at: fca.org.uk
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Do not click on links or open emails from senders you do not know
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Do not give out personal details.
If you suspect a scam, call Action Fraud on 0300 123 2040 or visit their website at: actionfraud.police.uk