Committees

Protecting pension savers – five years on from the pension freedoms: Pension scams

Inquiry

This inquiry looked at how savers are prepared and protected to move from saving for retirement to using their pension savings.

This work will be in three parts. First, we’re looking at pension scams and what more can be done to prevent them. We are interested in finding out:

  • How common pension scams are
  • What happens to people who are victims of scams
  • What more public bodies could do to tackle scams.

Read the call for evidence to find out more about the inquiry.

Learn more about our work.

Where to get help

If you have any concerns about an offer you’ve received, or about a conversation you’ve had about transferring or accessing your pension, you can check with The Pensions Advisory Service.

They can also give you advice if you’ve been a victim of a scam.

You can speak to a pension specialist at The Pensions Advisory Service on their helpline on 0800 011 3797 (Monday to Friday from 9am to 5pm) or use their webchat service or online enquiry form at www.pensionsadvisoryservice.org.uk

If you’ve been a victim of a scam and need support:

  • You can contact Victim Support or Think Jessica if a scam has made you feel anxious, fearful or guilty. They provide emotional and practical help to victims of crimes and scams.
  • You can contact the 24-hour Samaritans helpline on 116 123 if you feel low or anxious and need someone to talk to.
  • You can contact Citizens Advice if you’re having trouble paying your bills and are worried about what to do.

Upcoming events

View all events

No upcoming events scheduled

Past events

Wednesday 27 January 2021
9:30am Public
Protecting pension savers – five years on from the pension freedoms: Pension scams - Oral evidence 27 January 2021
9:30am
  • Guy Opperman MP (Minister for Pensions and Financial Inclusion at Department for Work and Pensions)
  • Emma Varley (Head of DC and International Private Pensions Policy at Department for Work and Pensions)
  • Pete Searle (Director, Private Pensions and Arm’s Length Bodies at Department for Work and Pensions)
Virtual meeting
Wednesday 6 January 2021
9:00am Private
9:30am Public
Protecting pension savers – five years on from the pension freedoms: Pension scams - Oral evidence 6 January 2021
9:30am
  • Nicola Parish (Executive Director of Frontline Regulation at The Pensions Regulator)
  • Commander Clinton Blackburn (National Coordinator for Economic Crime at City of London Police)
  • Mark Steward (Executive Director of Enforcement and Market Oversight at Financial Conduct Authority)
  • Graeme Biggar (Director General at National Economic Crime Centre)
Virtual meeting
Wednesday 2 December 2020
10:00am Public
Protecting pension savers – five years on from the pension freedoms: Pension scams - Oral evidence 2 December 2020
10:00am
  • Dennis Waite
  • Sue Flood
10:45am
  • Rick Muir (Director at The Police Foundation)
  • Neil Postins (Service Delivery Manager at National Economic Crime Victim Care Unit)
  • Pauline Smith (Director at Action Fraud)
Room 5, Palace of Westminster
Wednesday 7 October 2020
9:30am Public
Protecting pension savers – five years on from the pension freedoms: Pension scams - Oral evidence 7 October 2020
9:30am
  • Peter Hazelwood (Group Financial Crime Risk Director at Aviva)
  • Rachel Vahey (Senior Technical Consultant at AJ Bell)
  • Lorraine Harper (Client Relationship Director and Head of Proposition at Mercer)
  • Julian Adams (Director of Public Policy & Regulation at M and G PLC)
10:30am
  • Neil Copeland (Director at Dalriada Trustees Limited)
  • Brian Thorne (Principal at Barnett Waddingham at Pensions Management Institute)
  • Nita Tinn (Chair at Association of Professional Pension Trustees)
  • David Weeks (Co-Chair at Association of Member Nominated Trustees)
Room 6, Palace of Westminster

Contact us

We receive a significant number of emails each day. All requests and invitations are considered but we do not respond directly to everyone. Please be aware, the committee does not look at individual cases or specific complaints.