More than £30m lost to pension fraud since 2017

The BBC reports “men aged in their 50s are the most likely victims of fraudsters who target people's long-term pension savings. More than £30m has been lost since 2017 to pension fraud, according to Action Fraud, as unauthorised "advisers" tout unrealistic investments.”

“Now financial regulators are stepping up warnings for savers to take care and take their time over decisions. Many people have used lockdown to review their finances, hoping for better returns.” Read more