Pensions - Articles - PSIG announce new version on combatting Pension Scams


The Pensions Scams Industry Group (PSIG), which was established in 2014 to help protect pension scheme members from scams, has announced the publication of version 2.2 of its Code of Good Practice on Combating Pension Scams.

 PSIG Chair, Margaret Snowdon said: “This version of the Code brings scams prevention and developments up to date, we also expect to produce a further update later in the year when regulations supporting the Pension Schemes Act 2021. Alongside the new Code, we include a summary of changes since the last version in June 2019, so that readers can clearly see how the world of scams is evolving.

 “We believe this Code is an important part of the solution to pension scams and the result of a lot of hard work by people and organisations who volunteered their valuable time and energy to review and comment on drafts. I am also grateful once again for the Minister for Pension’s support and foreword.”

 Snowdon added: “We have also taken the opportunity to give the Code a facelift and I hope readers will approve of the new livery as well as the separation into user friendly standalone sections, as well as a consolidated version.”

 
 The Code is available to download or request on the PSIG website here.
   

Back to Index


Similar News to this Story

TPRs oversight of largest DC schemes is evolving
Master trusts, some of the UK’s biggest defined contribution (DC) schemes, will be supervised differently to identify market and saver risks sooner an
Pension disengagement may cost you GBP500k in retirement
Failing to actively engage with pensions during one’s working life could have a staggering financial impact, according to a new report from PensionBee
Ongoing confusion over IHT proposals and pension priorities
Sacker & Partners LLP (Sackers), the UK’s leading specialist law firm for pensions and retirement savings, today announced the results of their most r

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.