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Scammers targeting the over 55s may be using these techniques

Investment & pension scammers using intense ‘Psychological’ techniques to part the over 55’s with their money

01/03/2017

A warning straight from the FCA has explored the techniques used by scammers to get your money and turn it grubby. The Financial Conduct Authority has warned of the pressuring psychological techniques used by investment fraudsters in their efforts to target the over 55’s, who they believe have the most available capital to invest. Perhaps … Continued

FCA concerned about the suitability of over 500 DB pension transfers: what we know so far

08/02/2017

The regulator has issued a warning over £12.7m worth of pension transfers A former compliance officer has been issued with a warning over the potential suitability of over 500 pension transfers, the values of which came to a grand total of around £12.7MILLION. These pension transfers may have sparked the wrath of the regulator because … Continued