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Regulators launch new ScamSmart campaign

The FCA and the Pensions Regulator are running another media campaign over the summer to warn the public about pension scams. With new research suggesting that 42% of pension savers are potentially at risk (which would equate to over five million people across the UK), the campaign explains common tactics used by pension scammers and how individuals can guard against them.

Victims of pension scams reported to Action Fraud last year lost an average of £82,000 each.

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Gavin Ellison