Be wary of scams affecting your pensions and investments. The government has a body called the Insolvency service and this is what they recommend to prevent you being a victim of pension mis-selling:
- Be wary of calls out of the blue. Get the company’s name and establish their credentials using the FCA’s Financial Services Register
- Seek financial guidance or advice before changing your pension arrangements or making investments
- Don’t be rushed or pressured into making any decision about your pension and be wary of promised returns that sound too good to be true
For further information about scams you can visit the ScamSmart website and if you suspect a scam, you can report it to Action Fraud UK.