Rachel Vahey sets out four key takeaways from the WPC report into pension scams and urges swift, nimble action to stop the perpetrators
Trustees fear breaking the rules
The government should consider handing to a minister the specific responsibility for tackling the growing number of scams across the finance sector, AJ Bell says.
'Festering sore on the face of pensions'
13 providers targeted
Pensions and financial inclusion minister Guy Opperman has warned schemes who do not have their data organised to the standard required for the pensions dashboard will face “draconian penalties.”