XPS News | Scam Prevention Special
XPS News | Scam Prevention Special
26 Oct 2020
Post lockdown, we are seeing scam red flags in over half of all transfers covered by our Scam Protection Service – a significant increase from a third over the last two years. These red flags have largely been a result of members having little to no understanding of where their savings are going and the fees they will be charged.
XPS’ Scam Protection Team examine the alarming trends and discuss the steps trustees can take to support their members.