By Mike Broomfield, Head of Intelligence at The Pensions Regulator (TPR).
Scammers are criminals and we’re clamping down on their activities. We’re helping to change the law regarding cold calling as well as introducing a range of measures to protect saver’s pensions. But you can protect yourself; here are five top tips to help you beat the scammers.
If you think you’ve been scammed – act immediately
If you’ve already signed something you’re now unsure about, contact your pension provider straight away. They may be able to stop a transfer that hasn’t taken place yet. Then call Action Fraud on 0300 123 2040 to report it.
If you have doubts about what to do, ask The Pensions Advisory Service for help. Call them on 0300 123 1047 or visit the TPAS website at www.thepensionsadvisoryservice.org.uk for free pensions advice and information.
If you’re aged 50 or over and have a defined contribution pension (a pension not based on your final salary), Pension Wise is there to help you investigate your...
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