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According to Action Fraud, more than 160 new pension scam cases have been reported since the start of the first lockdown in March.
And overall, more than £30million has been lost to pension scammers in the past three years alone, with savers losing anywhere from a few hundred pounds to £500,000 each.
Action Fraud is the UK’s national reporting centre for fraud and cybercrime. And offers a wide range of information about:
You can read it all online here
The Government has also produced a guide specifically about how to protect yourself from fraud and cybercrime during the Coronavirus crisis. That can be found online here
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Each of Railpen Limited (registered in England and Wales No. 2315380) and Railway Pension Investments Limited (RPIL) (Registered in England and Wales No. 1491097) is a wholly owned subsidiary of Railways Pension Trustee Company Limited (Registered in England and Wales No. 2934539). Registered office for each company: 100 Liverpool Street, London EC2M 2AT. RPIL is authorised and regulated by the Financial Conduct Authority for some of its activities. The administration of occupational pension schemes is not a regulated activity. Full details about the extent of RPIL's authorisation and regulation by the Financial Conduct Authority are available from us on request.
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