Pension websites that carry anti-scam messaging could be fraudsters in disguise

by | Sep 25, 2017 | News, Safety at Home

The Pensions Regulator (TPR) is warning people about rogue pension websites that are carrying anti-scam messages to try to trick consumers into believing that they are legitimate businesses.

These websites have been flagged to TPR because they are designed to look like legitimate pension scheme investments. Some of the reported websites suggest they are regulated by carrying warning messages designed to prevent people falling victim to fraud, such as making reference to the tax implications over accessing your pension before the age of 55 and the danger of cold-callers.

They also carry Project Bloom campaign material without TPR’s consent. This is a taskforce set up to tackle pension scams, which is led by TPR. It includes the Department for Work and Pensions (DWP), HM Treasury, the Financial Conduct Authority, HM Revenue & Customs, the Serious Fraud Office, City of London Police (Action Fraud) the National Fraud Intelligence Bureau, The Pensions Advisory Service, and the National Crime Agency. Read more from Action Fraud