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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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SIPPs ‘vehicle of choice for scammers’ says report

The Pension Scams Industry Group (PSIG), the voluntary body set up to support trustees, providers and administrators in combating pension scams, has published the results of a new study.

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£197m: the ‘shocking’ scale of investment scams revealed

The FCA has warned about the growing threat of investment scams as it revealed £197m of fraudulent losses were reported last year.

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‘Traumatised’ scam victims lose £1m each to fraudsters

Some victims of pension scams have lost more than £1m in savings each to fraudsters, new statistics have revealed.

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