Society calls for ‘greater clarity’ on PSIG’s remit to determine the group’s future
Trustees must not let deluge of other work lesson their focus on transfer-out checks
Margaret Snowdon gives an update on the development of PSIG’s updated scam code
PP asked its readers who they thought the three most influential pensions people are
Government proceeds with plans to enhance ability to tackle scams in suspect situations
The regulator has come in at £1.7m below its full-year budget
Pension transfers will be red flagged and blocked if savers have been approached via social media under stronger anti-scam plans set out by the government today.
The scam ‘epidemic’ across the pensions industry needs better government intervention in the form of a specifically appointed minister, AJ Bell has reiterated.
The increase in financial scams during the last 12 months has promoted calls from all corners of the pensions industry for better support for savers.
Police and regulators need greater resources to tackle the rising threat of pension scams, the Work and Pensions Committee (WPC) has been told, so the industry should also play its part in reporting all suspected scam activity.