Fighting back against the fraudsters

Pensions freedoms have encouraged share scams
Thursday 24 Nov 2016 Author: Tom Sieber
George Osborne’s pensions freedom reforms have spurred a positive revolution in UK retirement saving. People are no longer shovelled into the locked box of an often poor-value annuity contract, and instead have near-total flexibility over how they spend and invest their hard-earned pension pot. There is, however, a darker side to the new rules. Fraudsters are increasingly targeting elderly, often vulnerable savers through scams which often leave the victims...

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team

Advertising feature

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.