
Risk
Nearly £31 Million Lost to UK Pension Fraud in Three Years
Regulators say amount is likely even higher as many scams are unreported or unnoticed for years.
The more schooling you have, the more likely you are to fall for a con artist.
Statement of objections initiates regulator’s first enforcement case.
UK regulator reports £8.6 million loss, penalties drop to £181 million from £879.5 million.
New rules focus on moving from defined benefit to defined contribution plans.