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Pension scams

Remember to be vigilant.

Your pension is one of your most valuable assets and when you retire it can offer financial security for the rest of your life. However, because it’s valuable it is a target for scammers. Please be very cautious if you’re approached about ways to cash-in or enhance your retirement benefits, especially if you’ve been contacted without asking anyone for advice. Remember, once you’ve transferred your pension into a scam, it’s often too late.

If you have doubts, the following websites have helpful information to consider:

From the FCA: www.fca.org.uk/scamsmart
From The Pensions Regulator: www.thepensionsregulator.gov.uk/en/pension-scams

If you want to discuss your options with a financial adviser then the FCA’s website has information to help you choose an adviser or you could look at the website www.moneyadviceservice.org.uk.