Pension scam 'red flags' dip after 2020 record high - XPS
Scam warnings
Two-thirds (60%) of defined benefit (DB) pension transfers triggered a 'red flag' warning for potential fraud or scams last month but the figure was down from December's record-high, data from XPS Pensions showed.
The consultant's Transfer Watch revealed red flags for pension scams were at 60% in January this year, a fall from the record high 76% the month prior. However, this number remains high in light of...
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