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Pension data ‘sales’ investigated by watchdog – BBC News

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  • Pension data ‘sales’ investigated by watchdog – BBC News

    An investigation has been launched into claims the details of millions of people’s pensions are being sold to fraudsters and cold-calling firms.
    Information about people’s salaries, investment values and pension size is being sold for as little as 5p without consent, the Daily Mail said.
    It is feared it will be used to scam pensioners who can access their full pension pots under new rules in April.
    The Information Commissioner’s Office called the reports “very worrying”.
    It said it would be speaking to regulators and the police.


    Read more at: http://legalbeagles.info/pension-dat...#ixzz3VqtmQJAP
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Warning


Scammers are after your pension pot.


They know you can now access your savings in new ways and will try to lure you with promises of upfront cash and one-off 'deals' with guaranteed high returns.


Learn how to spot the signs and give yourself the best possible protection against pension predators by following this five-step guide.
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