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XPS reveals scam warning on £73m of pension savings

XPS Pensions Group has uncovered a surge in the number of ‘red flags’ being reported on pension transfers, indicating warning signs of scam activity, from 13% in June 2018 to 34% in June 2019.

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Scammers target 1 in 10 pension savers aged 50 and over

New research from Succession Wealth, the wealth manager and Financial Planner, has uncovered that 1 in 10 pension savers aged 50 and over has been targeted by pension fraudsters.

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TPR reveals organised crime families running pension scams

Organised crime groups led by married couples or families are running pension scams worth millions of pounds, according to The Pensions Regulator.

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Editor’s Comment: More to do on pension scams after ban

Crooks will always target pensions - that's a given - but that should not deter us from applauding the significant progress made this week in tackling scammers with a new law banning pension cold calling.

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