Pensions - Articles - The popularity of ScamSmart

Commenting on popularity of ScamSmart, Stephen Lowe, director at retirement specialist, Just Group said:

 “The government’s policy response to the risk of Pensions Freedoms, including a surge is scams, was ‘free advice’. The level of interest in ScamSmart offered by the FCA and TPR shows the risk of scams has not abated.

 Nearly four years after the Pension Freedoms were introduced we are finally on a clear path to a single, impartial pension guidance service – one that will not only guard against scams but also help them make informed choices about the complex choices they now face – but it really needs to become the social norm for it to deliver a comprehensive defence against scams and poor choices.

 The new opt-out default guidance service delivered by the independent and impartial Single Finance Guidance Body could become the place most people naturally go to, to sense check their plans and receive the protection to avoid those too good to be true offers.”

Back to Index

Similar News to this Story

Third of a Trillion Pounds to be paid by UK DB Pensions
Mercer forecasts that, for the first time ever, nearly one third of a trillion pounds will be paid by UK private sector defined benefit (DB) pension s
Squeezed middle worried about saving enough for retirement
Aonhas published the results of its β€˜Aon DC and Financial Wellbeing Member Survey 2018’, which highlights that people in their mid-career are the most
Falling life expectancy for women pour fuel on SPA debate
Comment from Ian Browne, pension expert at Quilter on the ONS statistics about the changing healthy life expectancies for men and women and their impa

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS


Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.