Pensions Advisory Service Launches New Year Pension Scams Campaign

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Feeling the pinch after Christmas? Keep your pension safe.

A campaign launched on 8 January aims to help pension savers identify the warning signs of a scam, know where to go for help and guidance and what to do next if they think they've fallen victim. By raising awareness of this potentially devastating issue, pension savers can make sure that their plans for later life are scamproof, ensuring that their financial future is protected.

Michelle Cracknell, Chief Executive of the Pension Advisory Service said “We know that scammers will target anyone at any time, but the period after Christmas when money is a little tight, is a prime time for people to be contacted out of the blue with unrealistic offers of fast cash.  It’s important that we keep highlighting to consumers the best way to protect their pensions from these opportunists and raise consumer awareness of pension scams. The campaign…..will continue to improve people’s knowledge of scams, what a scam looks like and how it might impact their later life, should they fall victim. We urge anyone to get in touch with us on 0300 123 1047 if they aren’t sure what they’re being offered, it’s better to be safe than sorry.”

The campaign provides information about the things pension savers should look out for and the safeguards they can use to protect themselves from scammers. To support the campaign, you can follow @TPASNews or the #protectyourpension on Twitter or search for 'The Pensions Advisory Service' on Facebook.  For more information visit The Pensions Advisory Service website.

Source – The Pensions Advisory Service

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