5 Top Tips to spot a Pension scam

Article by Phil

The Financial Conduct Authority (FCA) has recently launched a new TV advert warning about the dangers of Pension Scams. The campaign is backed up by radio and digital ads. Data from the regulator shows that the average amount lost in a Pension Scam is a massive £91,000!
This new campaign is undoubtedly a step in the right direction and will go a long way to help to educate the public about the dangers of scams and unregulated investments. Our advice is always to apply the old maxim “If it sounds too good to be true then it probably is”.
There are a number of signs to look out for when you are considering a pension transfer. So here are our 5 Top Tips to spot a Pension scam.

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