Advisers fear scamming will increase despite sector's efforts

The pension and SIPP provider's head of sales John McCreadie urged the whole financial services sector to stick together in its battle against pension scams. "The industry cannot simply roll over and accept these concerns - we must act collectively to build defences against the scammers," he said. McCreadie added that part of a strong defence was to have governance throughout the entire process of both providing and advising on pensions products. "The industry needs to look at pension transfers from entry to exit point," he explained. "It's incumbent on us all not to pass the buck on gov...