Pension scammers: don’t get suckered in!

Saving for a pension to provide for yourself in retirement is often hard, particularly in the early years of your career when you have so many other outgoing financial commitments. However, over the course of a typical career, a saver’s regular monthly contributions compounded by investment returns and tax relief can steadily grow into a sizeable six-figure sum. For some people, it may be their primary capital asset worth more than the value of any property they may own. And this is why it is crucial to be vigilant about potential pension scams.

While this three-minute video is tongue in cheek, we strongly encourage you to watch it because it contains examples of the fraudulent tactics pension scammers often use to get their hands on unsuspecting individuals’ pension savings.

https://www.youtube.com/watch?v=TYk_X3tn9hc

Don’t fall prey to scammers out of ignorance!