Pension
Younger savers very vulnerable to pension scams
Double whammy of high fees and HMRC unauthorised payment charge could leave retirement in tatters
FCA third-party reviews soar in 2019/20
But retail investment and pension companies received relatively few
Pension freedoms hit £35bn mark on fifth anniversary
‘People have been attracted by the ability to use their pensions like cash machines’
Online game launched to educate savers on pension scams
It has potential to ‘go a long way’ towards raising awareness of warning signs
Covid-19 pushes over 10% of UK retirees to access pension pots
As more than one million people have been furloughed