Pension fraud warning

Pension fraud warning

Dear Resident

You’ve worked hard your whole life to protect yourself and your family and create a secure financial future.

The day you can down tools for good is in sight and dreams of days by the sea beckon… you can already feel the sand between your toes!

But what if someone took that all away from you? All your hard-earned cash gone in seconds, paying for someone else’s lavish lifestyle.

Savers and those reaching retirement age are being warned to protect their pensions and look out for criminals trying to trick people out of their life savings, with Action Fraud revealing £48,129 was lost to this type of fraud every day in 2024.

Stay safe:

Secure your online pension account with a strong password

Beware 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 seek financial advice

Don’t be rushed into making an investment. Remember, legitimate organisations will never pressure you into investing on the spot

Be cautious of anyone downplaying the risk of losing your money and beware returns that sound too good to be true (newsflash, they probably are!)

For more info, visit our website: https://www.cambs.police.uk/advice/advice-and-information/fa/fraud/personal-fraud/banking-payment-card-investment-pension-fraud/

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Message Sent By
Larissa Chapman
(Police, Communications officer, Corporate Communications)