Here is a summary of the UK warning about pension review scams:
- Scammers may contact you out of the blue and offer a free pension review.
- They may try to get your personal details or persuade you to transfer your pension to another scheme.
- Do not respond to these calls or emails.
- If you are contacted by someone offering a pension review, hang up the phone or delete the email.
- You can get free, impartial advice from Pension Wise if you are aged 50 or over.
- Remember that you cannot access your pension before the age of 55 without paying a hefty tax charge.
- If you have any questions about your pension, speak to a regulated financial adviser.
Here are some additional tips to help you avoid pension scams:
- Never give out your personal details or pension information to someone you don't know.
- Be wary of any offer that sounds too good to be true.
- Do your own research before making any decisions about your pension.
- If you're unsure about something, contact a regulated financial adviser.
By following these tips, you can help to protect yourself from pension scams.
Further sources of helpful information: