Fake Pension Advice

Savers are facing a new wave of increasingly sophisticated attacks from criminals looking to access their pension savings as experts warn the challenge of detecting and stopping frauds is getting harder.A Citizens Advice poll this week found most consumers are unable to spot the warning signs of pension scams.In a survey of 2,006 British adults, Populus offered three hypothetical pension offers, of which two contained clear warnings of scams.The test saw 90 per cent of consumers choosing an offer which contained red flags such as offers of free “advice” and access to savings before 55.
This comes despite three-quarters of respondents saying they felt confident of their ability to spot scams.Of those who said they were confident, 87 per cent chose one of the fraudulent offers. We are listed in FCA register so why not call us to do the research and advice on your pension
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