Pensions - Articles - Scottish pension schemes targeted by scammers


 Fraudsters pretending to be from the Scottish Public Pension Authority (SPPA) have targeted the organisation's members in a bid to extract financial information.

 Recorded messages requested members of the pension authority type out their bank details using the telephone keypad in order that they may be paid a bonus, the Telegraph reports.

 The SPPA administers the benefits of 290,000 public sector workers. Its principal role is to administer the pensions, premature retirement and injury benefits schemes for employees of the NHS in Scotland and for members of the Scottish Teachers' Superannuation Scheme.

 A spokesman for the authority said they were concerned that people receiving these messages may believe that personal information is being requested by a legitimate pensions administrator.

 "We wish to make clear that the SPPA never requests bank details from its members or pensioners over the phone and we have made that advice available through our website."

Back to Index


Similar News to this Story

PPF marks 20 years of protection in its Annual Report
The Pension Protection Fund (PPF) has published its 2024/25 Annual Report and Accounts, marking its 20th anniversary with a year of strong financial p
DC pensions continue to back Net Zero despite ESG backlash
Barnett Waddingham’s latest DC Sustainability Report finds a 34% increase in allocations to funds with a climate target in the growth stage since orig
Chancellors focus on guided retirement for pensions savers
Ahead of the Mansion House speech to be delivered by UK Chancellor Rachel Reeves on the evening of 15 July, Glyn Bradley, Chair of Pensions Board at t

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

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