A new report out today from the FCA and The Pensions Regulator has thrown up some disturbing findings and also blown out of the water the myth that only the poorly educated and vulnerable are the victims of the pension scammers.

New analysis by the FCA and The Pensions Regulator has revealed that university graduates were the most likely to be at risk of pension scammers.

MPs on the influential Work and Pensions Committee have urged the FCA and government to do much more to tackle pension scams and improve cost transparency on pensions.

The Pension Scams Industry Group (PSIG), the voluntary body set up to support trustees, providers and administrators in combating pension scams, has appointed Tommy Burns as deputy chair.