Pension Scams Identification Service
It is three years since we launched our telephone service to help trustees protect their members from pension scams. The service is now being used by over 120 defined benefit schemes, right across the UK. It was developed in response to the publication in 2015 of the Code of Good Practice on Pension Scams, by the Pension Liberation Industry Group. June 2018 saw the publication of version 2 of the Code, which has built on the lessons learnt across the industry in the fight against pension scams. In our 2018 bulletin we run through some of our experiences over the past year and also provide an update on what the industry is doing about the very serious issue of pension scams, both in respect of the revised Code of Practice and also more generally.