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Don't let a scammer steal your life savings!
If it sounds too good to be true, it probably is.
Scammers have stolen the life savings of thousands of people using promises such as ‘upfront cash’ and ‘one off deals’.
Here’s some advice from The Pensions Regulator (TPR) to protect yourself from fraudsters:
- if you receive a cold call, hang up
- if you think you've been scammed you must call Action Fraud immediately on 0300 123 2040, as they may be able to stop the transfer if it hasn’t yet taken place
- don’t place your trust in investments promising ‘guaranteed returns’
- make sure your Independent Financial Advisor (IFA) is registered with the Financial Conduct Authority
- don’t listen to other people, make sure you do the research for yourself and get professional advice
TPR's current pension scams guidance can be found here, which we encourage you to read.
You can also find further information on the TPR website.