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Pension schemes urged by DWP to 'fight' criminals stealing thousands from your savings

| UPDATED: 14:42, Thu, Mar 11, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes theyll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Pension scheme owners have been written to by the DWP, w...
United Kingdom Stephen Timms Peter Hazelwood Guy Opperman Boris Johnson Pensions Select Committee

Minister calls for schemes scam support

Minister calls for schemes scam support The Pensions Minister has today called on pension schemes to join him in the fight against the scammers targeting people’s hard-earned retirement savings. From: In a letter to around 90 different schemes, Guy Opperman said they must begin sharing scam data with the industry’s voluntary group, the Pension Scams Industry Group ( PSIG), to create a clearer picture of the scale of the issue. Greater data sharing, used in parallel with the improved pen...
Peter Hazelwood Guy Opperman Margaret Snowdon Pensions Select Committee Pension Scams Industry Group Contact Press Office
Source: gov.uk

Pension scam victims say regulators should have saved them from losing life savings

Pension scam victims say regulators should have saved them from losing life savings The threat of pension fraud has hit record highs during the pandemic 4 February 2021 • 6:00am The Pensions Regulator has been accused of failing to protect vulnerable savers from being swindled out of millions, after a high-profile investigation opened the gates to a barrage of criticism against the authorities in charge.  The Government and the City watchdog, the Financial Conduct Authority, have also com...
United Kingdom Bob Ward Philip Milton Philip Milton Company Serious Fraud Office Prudential Regulation Authority

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