The Pensions Regulator has issued further guidance regarding its work on pension scams that are becoming increasingly worrying.

For example, there are situations where individuals have ‘lost’ 22 years of pension contributions (average pension pot size £82,000) in less than 24 hours by being persuaded to re-invest their pension pots in a new scheme that promises greater rewards.

There is a tool kit available for assisting in decisions which can be downloaded from their website.

The Pensions Regulator website also contains their press releases highlighting other important news items.