David Loosemore, Technical Specialist – Team Leader at the Single Financial Guidance Body, commented: “The SFGB welcomes the research from PSIG (Pension Scams Industry group) which highlights the ongoing challenges in tackling pension scams. Whilst there is no silver bullet, one of the keys to success will be continued collaboration across the sector and sharing of intelligence and...

Charlotte Jackson, Head of Pensions Guidance Services at the Single Financial Guidance Body commented: “Pension scams can be devastating for anyone that falls victim to one. In many cases a lifetime’s savings can be lost in moments. Evidence has shown that prevention is the best defence against pension scams. While our research says eight scam calls take place every second, the good...

John Govett, Chief Executive of the Single Financial Guidance Body, said: “Pension scams can be devastating for anyone that falls victim to one. Pension scams can be very convincing and often begin by someone approaching you with the offer of a free pension review or perhaps an offer for more attractive returns, but ultimately can rob you of your hard earned retirement. “We welcome the...