Pension Scam Alert - FCA and The Pensions regulator Warn Up To 5 Million People At Risk Of Scams

This is a deeply worrying development, but  avery timely warning by the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) who have combined to draw attention to the risks posed by pension scammers.
They warn of many concerns around the tactics used by these scammers, including: pension cold calls, free pension review service, claims of guaranteed high returns, risky unregulated investments, time limited offers, and the chace to access pension cash before the age of 55.
The FCA has been running its "SamSmart" campaign for some time now - which warns people about these tactics, and how to spot them. You can find information about scamsmart here: FCA ScamSmart Campaign

If you think that you may have been the victim of a pension scam then there a number of steps that you can take.
1. If your financial adviser is still trading - then make a complaint directly to them
2. If you are not happy with their response, you can forward your complaint tothe Financial Ombudsman Service (FOS)
3. If your financial advice firm has ceased to trade, you ay be able to make your complaint via the Financial Services Compensatio Scheme (FSCS)

Find out more information about how to make your own complaint via our help page here: How To Make Your Own Claim

If you are worried that you may not be able to conduct your own claim, then do please get in touch directly with us. We will tell you if we think that you may have a valid claim. We offer a no win no fee service, we will only charge a fee if we have been able to win an offer of compensation for you - when our fee will be 20% inclusive of VAT.