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1 financialfraudaction.org.uk, March 2016. 2,3,5 Citizens Advice Scam Awareness Month briefing, July 2016.4 scamsmart.fca.org.uk, May 2016. 6 Citizens Advice ‘Too Good to be True’ report, March 2016. 7,8 Pensions Advisory Service
THE INVESTOR | 11
SECURITY
IN YOUR INTEREST
10.9m6
NUMBER OF
PEOPLE RECEIVING
UNSOLICITED CALLS
OFFERING ADVICE OR
REVIEWS OF THEIR
PENSION
SINCE APRIL 2015
£20,0005
AVERAGE LOSS FOR VICTIMS
OF INVESTMENT SCAMS
1 Be wary of unsolicited
calls, texts or emails
2 Check everything
yourself
3 Check the Financial
Conduct Authority’s list of
known scams at .
uk/scamsmart
4 Steer clear of overseas
investment ‘deals’
5 Don’t fall for ‘guaranteed
returns’ or professional-
looking brochures
6 Don’t be rushed into
a decision
7 Contact your financial
adviser or the Pensions
Advisory Service if
in doubt
TOP TIPS TO AVOID PENSION SCAMS7
£5bn3
MAIL AND
TELEPHONE FRAUD
LOSSES ANNUALLY
1 in102
NUMBER OF
PEOPLE WHO HAVE
FALLEN VICTIM TO
FINANCIAL SCAMS
PENSION SCAMS: ON THE UP
If you think you have been scammed, contact ActionFraud on
0300 123 2040 and your pension provider straightaway.