Warning to #ProtectYourPension from fraud.

How can you protect yourself against Pension fraud?


Secure your online pension account: the account you use to manage your pension should have a different password to all of your other accounts. Use three random words to create a strong and memorable password, and enable 2-step verification (2SV). 
Ignore unsolicited calls about your pension: cold calling about pensions is illegal and likely a sign of a scam. If you’re thinking about changing your pension arrangements, you should get financial guidance or advice beforehand. 
Investment opportunities: don’t be rushed into making an investment. Remember, legitimate organisations will never pressure you into investing on the spot. 
You should treat investment opportunities with extreme caution if there’s: 

• Pressure to invest (for example: time-limited offers).
• Downplayed risk of losing your money.
• Promised returns that sound too good to be true.

Remember to Stop! Think Fraud and find more information on how to protect yourself from fraud here: Stop! Think Fraud - How to stay safe from scams
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What can you do if you have been a victim of pension fraud?
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Report pension scams: if you’re worried about a potential pension scam or you think you may have been contacted by a criminal, report it to Action Fraud at actionfraud.police.uk or by calling 0300 123 2040.

If you have made a payment: inform your bank or pension provider as soon as possible, they can help you prevent any further losses. Monitor your bank and pension statements regularly for any unusual activity.