TPAS goes digital in the fight against pension scams

The Pensions Advisory Service (TPAS) launched an online tool earlier this year that provides support and guidance to pension savers who may be concerned about the risk of pension scams.

The tool asks savers a number of questions before offering them advice. These questions include asking whether the user believes they have been scammed or have previously been approached by a scammer and if so, how they were contacted.

TPAS chief executive Michelle Cracknell said "We are seeing positive signs that consumers are now more aware of pension scams, which is great news, but we must continue to offer consumers opportunities to learn about scams; how they work, the consequences and understand how they can best protect their pension savings".

You can obtain more information about pension scams or access the online tool on the TPAS website at www.pensionsadvisoryservice.org.uk