Trustees need to engage with members looking to leave DB pension schemes

In this week’s edition of XPS News, we speak to Margaret Snowdon OBE, Chairman of the Pension Scams Industry Group.

The current environment is unprecedented and it is one that is having a very human impact. Our way of life is has changed,understandably resulting in people feeling insecure about their financial future.  It is a sad fact of life that people will try to take advantage of such situations and we are seeing a rise in scam activity. Margaret highlights actions we can take to protect pension members.