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Pension freedoms and protecting savers: Committee holds first oral evidence session on pension scams

11 September 2020

The Work and Pensions Committee will hear from consumer groups and pension industry experts on pensions scams in the first oral evidence session of the inquiry into the impact of the pension freedoms and the protection of savers.

Purpose of the session

The session will provide the Committee with an overview of the problems related to pensions scams, including the scale and nature of scams and the role and effectiveness of the industry, regulators and the police in investigation and prevention. MPs could also ask about forms of redress and how victims are supported.

The Committee’s inquiry is reviewing the impact of the pension freedoms five years on. After an initial focus on pension scams, it will examine accessing pension savings and saving for later life.

Witnesses

Wednesday 16 September 2020, Committee Room 6

At 9.30am:

  • Margaret Snowdon, Chair at Pension Scams Industry Group (PSIG)

  • Andy Agathangelou, Founder at Transparency Task Force

  • Richard Piggin, Head of External Affairs and Campaigns at Which?

  • Tim Fassam, Director of Government Relations & Policy at The Personal Investment Management and Financial Advice Association (PIMFA)

Further information

Image: Press Association