The Financial Conduct Authority (FCA) is urging over-55s to take the time to check investment products, given that more than a fifth have been targeted by investment scammers in the past three years. The figure rises to a third amongst those aged over 75. Read more.
Fraud is the biggest threat to our personal finances.
Some £11billion of fraud was committed in the last year – £210 for every person over age 16. Read more.
77 year old uses Golf Association’s funds to pay scammers on promise of returns. Read more.
The Personal Finance Society is working with the FCA on a new campaign against pension and investment scams. Read more.
A Doncaster couple was conned out of ‘a large quantity of money’ in an investment scam. Read more.
The Chancellor Philip Hammond is to set out plans to curb cold calling on pensions as scams increase. Will it go far enough? Read more.
Father and son spent money on luxury yachts and cars while investors lost their life savings. Read more.
Two young men defrauded unsuspecting investors out of a total of £2m by persuading them to buy kilos of rare earth metals, a jury has heard. Read more.
With pension companies using more aggressive techniques than ever before just to get your business, are you sure you made the right choice of Pension adviser? Read more.
Investors have been warned to be wary of scam “investment schemes” that use solicitors as middlemen to make such investments seem trustworthy and safe. Read more.