Sadly, we continue to remind members to be aware of the danger of pension scams.

Scammers are operating as so-called claims management companies and are attempting to use ‘subject access requests’ to obtain personal information and details about a saver’s pension arrangements. Please be particularly vigilant if you’re approached in this context. These fraudsters are articulate and financially knowledgeable, with credible websites, testimonials and materials that are hard to distinguish from the real thing. They design attractive offers to persuade you to transfer your pension pot to them or to release funds from it. Their tactics include:

• Contacting you out of the blue.
• Promises of high/guaranteed returns.
• Free pension reviews.
• Access to your pension before age 55.
• Putting pressure on you to act quickly.

Don’t let a scammer ruin your retirement. You can read more about how to protect yourself from scammers by visiting the Financial Conduct Authoririty's ScamSmart website.