The government should consider handing to a minister the specific responsibility for tackling the growing number of scams across the finance sector, AJ Bell says.
In the investment platform's response to the Work and Pensions Committee's (WPC) inquiry into scams, senior technical consultant Rachel Vahey said the evolving nature of scams and subsequent social impact required increased parliamentary attention. "We need as a society to take scams more seriously; to put our money where our mouth is," she said. "Creating an overarching role in parliament - such as a minister for scam prevention whose sole focus is stopping the ever-growing swell of scams - could be an effective way to help people protect their hard-earned wealth." The opening eviden...
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