Pensions: Fraud

(asked on 2nd November 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the level of fraud linked to the use of pension lump sum payments.


Answered by
 Portrait
Simon Kirby
This question was answered on 7th November 2016

The government takes the issue of pension scams very seriously and is currently considering ways to protect consumers from pension scammers.

The government continues to monitor the pension freedom, and where evidence of specific issues come to light will not hesitate to act to protect consumers.

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