Industry urges DWP to carry out pension scam guidance review

PP poll finds nearly three-fifths of respondents want to see DWP act swiftly on pension scams

Martin Richmond
clock • 3 min read
Industry urges DWP to carry out pension scam guidance review

The pensions industry has urged the Department for Work and Pensions (DWP) to swiftly conduct a review of the pension scam guidance and address confusion on how providers interpret the rules, a Professional Pensions poll finds.

The results of a recent Pensions Buzz survey revealed just shy of three-fifths (59%) of respondents said the DWP needs to take immediate action on the current scam guidance, compared to 26% who dis...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Savers withdraw average of £47,000 prior to retirement, research finds

Savers withdraw average of £47,000 prior to retirement, research finds

Scottish Widows finds more than three in four retirees have withdrawn funds early

Martin Richmond
clock 16 May 2024 • 2 min read
News Digest:  Why pension trustees need to embrace a 'win-win' and back British firms

News Digest: Why pension trustees need to embrace a 'win-win' and back British firms

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 16 May 2024 • 1 min read
Experts emphasise importance of dashboard preparation

Experts emphasise importance of dashboard preparation

Dashboards are UK’s ‘biggest technological pensions initiative’, so schemes must prepare

Holly Roach
clock 15 May 2024 • 2 min read
Trustpilot