Pension Scams

Pension scams are on the increase. If you’re offered a deal that seems too good to be true, chances are it is. Anyone can be the victim of a pension scam, no matter how financially savvy they think they are.

We’re taking action to protect our members by answering The Pensions Regulator’s call for all trustees, pension providers and administrators to take the pledge to combat pension scams.

What’s the pledge?

It’s a promise that we’ll do all we can to try and protect our members from pension scams. This includes giving them the information they need to identify and avoid a scam at key stages of their pension journey.

The Pensions Regulator website has very useful information on how to avoid pension scams, or visit www.thepeoplespension.co.uk/how-to-avoid-pension-scams/. We also strongly recommend downloading the ‘Don’t let a scammer enjoy your retirement’ ScamSmart leaflet, which shows you how to avoid pension scams in 4 easy steps.