One quarter of savers at risk of 'opportunistic' pension scams

The research, conducted by guidance website Help & Advice, analysed 1562 assessments undertaken during January to March this year, which used the website's pension scam assessment tool to enable savers considering a pension transfer to ascertain the possibility as to whether the transfer could represent a scam. The data found across the assessments completed, the average likelihood of a pension transfer being a scam was 25% as a result of a quarter of the cases which raised red flag scam warnings, which warranted further investigation to ensure it was not a scam. Nearly one in five (1...