Sharp increase in scam calls reported to Maps

Increase follows in the wake of the November 2021 changes to pension transfer rules

Martin Richmond
clock • 2 min read
Sharp increase in scam calls reported to Maps

There was a steep increase in the number of Money and Pensions Service (Maps) scam guidance sessions in the first quarter of the year, according to new data obtained by Quilter.

In a freedom of information (FOI) request from Maps, it was revealed that in the four months from December 2021 to March 2022, a total of 856 scam guidance sessions were raised.   There was a no...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Smart Pension launches simulator to assist members with 'pension puzzle'

Smart Pension launches simulator to assist members with 'pension puzzle'

Integrated retirement savings calculator expected to be ‘hugely positive’ for firm’s members

Holly Roach
clock 20 November 2024 • 1 min read
DWP's CDC consultation a 'significant milestone' for UK pension schemes

DWP's CDC consultation a 'significant milestone' for UK pension schemes

The industry has responded to the DWP’s consultation on CDC extension

Holly Roach
clock 20 November 2024 • 5 min read
Fidelity to integrate private assets into default investment strategy via LTAF

Fidelity to integrate private assets into default investment strategy via LTAF

Firm’s Diversified Private Assets LTAF received regulatory approval in August

Holly Roach
clock 20 November 2024 • 2 min read
Trustpilot