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Glasgow Live
Glasgow Live
National
Katie Williams

Warning issued over pension scams to watch out for amid cost of living crisis

Scams are set to be a greater risk to those who pay into a pension as the cost of living crisis continues.

The Pensions Regulator (TPR) are warn that scams are currently posing a greater risk to people who are struggling financially. Scammers could convince savers of an early pension access or higher investment and con them out of thousands of pounds.

Consumer champion site Which? warns that anyone could fall victim to a pension scam, no matter how 'money savvy' you think you are.

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