All Pension Scams Industry Group articles
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NewsHow artificial intelligence can help win the war against pension scams
The Pensions Regulator and the Pension Scams Action Group have developed an artificial intelligence tool to help identify and shut down websites that are attempting to defraud people of their pension savings.
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NewsStop blaming victims for pension scams and fix the system to expose them
Pensions scams are being woefully underreported because the reporting structure is not fit for purpose, according to Margaret Snowdon, chair of the Pension Scam Industry Group (PSIG).
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NewsDelays cause consumers to wait 'far too long' for pension transfers
Consumers are waiting on average almost one month (29 days) for companies to transfer their pension funds to a new provider, according to new data released this morning by retirement adviser My Pension Expert.
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NewsTPR unveils new scam-busting plan amid cost of living crisis
The increase in the cost of living may leave savers more vulnerable to scammers, the Pensions Regulator has warned, as it unveils a new three-year plan to protect individuals from pension scams.
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NewsJohnson ignores tax proposal on scam victims
Prime Minister Boris Johnson has failed to acknowledge three letters from a prominent campaigner on pension scams, which propose changes to tax rules over early pension access in a bid to protect scam victims.
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OpinionPension scams – it feels like we might be winning
Broadstone’s technical director, David Brooks, details how the new transfer rules that came into force in November are expected to make a positive change in the fight against pension scams.
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NewsThird of high-risk DB transfers would pass new scam test
On the go: One in three high-risk defined benefit transfers would not be flagged under new scam rules proposed by the government, according to research from XPS Pensions Group.