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

Inquiry

The Committee is looking 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. For the first part, we’ll be 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, and what more public bodies could do to tackle scams. 

You can find out more about the inquiry here.

The deadline for sending your views is 9 September 2020. 

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.

 

Reports and government responses

No reports or government responses published

Oral evidence transcripts

View all oral evidence transcripts
7 October 2020
Inquiry Protecting pension savers – five years on from the pension freedoms: Pension scams
Committees Work and Pensions Committee
Oral Evidence
16 September 2020
Inquiry Protecting pension savers – five years on from the pension freedoms: Pension scams
Committees Work and Pensions Committee
Oral Evidence
Written Evidence
Written Evidence
Witnesses Transparency Task Force
Committees Work and Pensions Committee
Written Evidence

Contact us

We can’t usually help you with an individual problem or a specific complaint.

  • Email: workpencom@parliament.uk
  • Phone: 020 7219 8976 (General Enquiries) | For all media inquiries please contact Oliver Florence florenceo@parliament.uk / 02072191679
  • Address: Work and Pensions Committee | House of Commons | London | SW1A 0AA