helpandadvice.co.uk publishes latest analysis from Pension Scam Assessment completed by over 1550 people. See the full results and analysis from 2023 and 2022 here |
Around one in four people could be at potential risk of a pension scam, reveals helpandadvice.co.uk, following analysis of the highest ever number of its Pension Scam Assessments (as recommended by Money Helper, provided by the government’s Money & Pensions Service ‘MaPS’) completed between January and March 2023. The average scam likelihood score was 25%, meaning that of the 1562 people that completed the assessment, a quarter of cases had associated red flags. While a red flag does not guarantee a definite scam, it does mean further investigation is needed. Having tracked the data for over a year, helpandadvice.co.uk has found that the potential likelihood of a scam consistently remains at around 25%. Almost one in five (17%) of people were told that they could achieve higher investment returns should they transfer, perhaps in response to the market volatility seen in Q4 of 2022. Pushing people to make a quick decision is often a red flag, and 15% of people experienced this. Nearly one in 10 (9%) were told the adviser knew of loopholes to access higher levels of tax-free cash, a substantial increase on the previous quarter where only 2% were told this.
The Full Results
A full breakdown of the results for 2022 and Q1 2023 can be found here - |
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Head of Long-tail Global | ||
UK/USA - £200,000 Per Annum |
Challenge the pensions industry! | ||
UK Flex / hybrid 2dpw office-based - Negotiable |
Pensions Data Science Actuary | ||
Offices UK wide, hybrid working - Negotiable |
Head of Pricing | ||
London - Negotiable |
Global Specialty Pricing Actuary | ||
London - £95,000 Per Annum |
Client-facing DC investment manager | ||
London / hybrid 3 dpw office-based - Negotiable |
Financial Risk Leader - Bermuda | ||
Bermuda - Negotiable |
Aylesbury Actuaries | ||
Aylesbury / hybrid 3dpw office-based - Negotiable |
Make an impact in protection pricing ... | ||
London / hybrid 2 days p/w office-based - Negotiable |
BPA Implementation Manager | ||
North / hybrid 50/50 - Negotiable |
Head of Reserving | ||
London - £160,000 Per Annum |
In-force Longevity Actuarial Analyst | ||
London / hybrid 2 dpw office-based - Negotiable |
Make a difference within reinsurance ... | ||
London / hybrid 2 dpw office-based - Negotiable |
Be at the cutting-edge of life & heal... | ||
London / hybrid 2 dpw office-based - Negotiable |
Longevity Pricing Analyst | ||
London / hybrid 2 dpw office-based - Negotiable |
Develop your career in life reinsuran... | ||
London / hybrid 2 dpw office-based - Negotiable |
Protection Pricing Actuary - Life Rei... | ||
London / hybrid 2 dpw office-based - Negotiable |
Life (Re)insurance Pricing Manager (P... | ||
London / hybrid 2 dpw office-based - Negotiable |
Take the lead: life & health reinsura... | ||
London / hybrid 2 dpw office-based - Negotiable |
Pricing Tools and Systems Developer | ||
London / hybrid 2 dpw office-based - Negotiable |
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