Consumers missing pension scam warning signs, reveals Citizens Advice

Nine in ten people (88%) miss common warning signs of a pensions scam – such as unusually high investment returns, cold calling and offers of free financial advice – despite feeling confident they can spot fraudsters’ tricks. A new report from Citizens Advice, ‘Too good to be true’, reveals a mismatch between people’s confidence in … Read more

Review rightly recognises self-employed people need more support

The recommendations of a government-commissioned review of self-employment rightly highlight the need for more support for self-employed people, says Citizens Advice. Responding to the independent review published today by businesswoman Julie Deane, the national charity says many of the suggestions would help tackle some of the issues facing self-employed people identified by its research, such … Read more

Consumers need clarity over pension advice requirements

Greater clarity around advice requirements is needed for consumers looking to access their pension, says Citizens Advice. Responding to government plans to address excessive pension exit fees and transfer delays the national charity said expanding Pension Wise would help people better understand the time it takes to move their pension and what costs this can … Read more