Property News · August 20, 2017

Pension cold-calling ban to include texts and emails in bid to tackle fraud


Government to crack down on scammers who persuade savers to transfer money from pension accounts into fake schemesA ban on cold-calling by pension companies will include texts and emails, the government has announced, as it cracks down on scammers who target savers’ retirement funds.Almost £5m was lost to fraudsters in the first five months of 2017, said the government, and it was estimated that since April 2014 a total of £43m had been taken. People targeted by scammers lost an average of £15,000 each. Continue reading…

Source : theguardian.com
Read more…Pension cold-calling ban to include texts and emails in bid to tackle fraud

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