Tom Selby: Is this the start of the fightback against scammers?

What is government proposing?

clock • 5 min read

To what degree will the government's planned pension scams clampdown really protect savers and investors? Tom Selby takes a closer look at what we know about the proposals so far

After months of delay and uncertainty, the government has finally confirmed a clampdown on pension scams first unveiled in November 2016 will go ahead. The announcement was carefully pre-briefed to the press and media commentators on the Friday afternoon ahead of a formal announcement on Monday morning. This is not rare and allows the Treasury to exert a certain amount of control over the message that eventually comes out. Clearly the aim was to tell the country the government as being tough on fraud and doing all it can to protect people's hard-earned retirement pots. But does this r...

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