Nearly one in 10 over-55s fear they have been targeted by suspected scammers since the launch of the pension freedoms, research by Prudential has found.
The study, which collected data from 1,000 UK adults aged 55 and over, found 9% saying they had been approached about their pension funds by people they now believe to be scammers since the rules came into effect in April 2015. In addition, one in three (33%) respondents said the risk of being defrauded of their savings was a major concern following the introduction of the freedoms. Almost half (49%) of those approached, however, said they did not report their concerns because they did not know how to or were unaware of who to report to. Recent pension fraud data from ActionFraud s...
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