TPAS chief: ‘Legal’ pension scams are on the rise

The Pensions Advisory Service chief executive Michelle Cracknell has said that the guidance service is seeing more “legal scams” designed to defraud pension savers. In a blog on The Pensions Regulator’s website, Cracknell notes the rise of cases where legal pension wrappers are used, but assets are being transferred into unsuitable investments. Cracknell writes: “Pension … Continue reading TPAS chief: ‘Legal’ pension scams are on the rise