Have your clients fallen prey to these scams?

As clients become more financially savvy, cons to trick them out of their money are becoming more sophisticated. Some advisers say clients have not only been approached by scammers, but that they have even been told not to consult with their IFA about schemes as “advisers would not understand them”. When faced with a new client, there is a possibility they might have been approached about one of these four swindles. PRPs Advisers report some of their clients have been approached by shady characters pushing pension reciprocation plans (PRPs), and some have even offered investors c...