FCA sounds alarm over rising pension scams
A quarter of consumers would withdraw their retirement savings to cope with cost-of-living crisis
A quarter of consumers would withdraw their retirement savings to cope with cost-of-living crisis
Victims put off sorting out their finances for fear of being scammed again
As Canada Life research shows 4.5 million Brits were approached about potential scams in last 3 months
FCA reveals the names of two companies and three individuals
Research shows 253 victims lost more than £23m to pension scams in 2017
Victim of investment scams lose an average of £20,000 ($26,780, €24,115), according to UK consumer champion Citizens Advice.