Pensions regulator warns against 'cold call' scams

Name: Pensions regulator warns against 'cold call' scams
Uploaded: 2014-10-20T08:22:38.000Z
Duration: 3 min 9 s
Description: Changes in the rules surrounding pensions could lead to more people being persuaded to transfer their savings to risky investment schemes, some of which may be fraudulent.

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Changes in the rules surrounding pensions could lead to more people being persuaded to transfer their savings to risky investment schemes, some of which may be fraudulent.

The Pensions Advisory Service has started a campaign to crack down on scams, which are thought to cost half a billion pounds per year.

Graham Satchell reports.

Listeners in the UK can find out more on this story on You & Yours on BBC Radio 4 at 12:15 BST on Monday 20 October, and then on BBC iPlayer.

20 October 2014