Pension fraud warning

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Residents in Ripley, Heanor and surrounding areas are being encouraged to protect their pensions from scammers.

Derbyshire Constabulary is teaming up with Get Safe Online as part of a targeted campaign aimed at raising awareness to help to protect people falling victim to pension fraud.

Pension fraudsters will contact their victims out of the blue, either over the phone, over text message or in person, by offering deals that appear too good to miss.

They will often try to con their victims by claiming that they will be able to access their pension pot before the age of 55, or by using incentives such as upfront cash, a free ‘pension review’ or offering ‘one-off’ investment opportunities.

Detective Constable Julie Wheeldon from the East Midlands Fraud and Financial Investigation Unit said: “Fraudsters can appear highly convincing so it is important that you look out for the warning signs to help to keep yourself, friends and family safe.

“Some signs to look out for include a call, email or text claiming to be from the government offering retirement planning advice, being offered upfront cash incentives by pushy advisors, or being promised that you would be able to access your personal or company pension before a certain age.

“Please remember if something sounds too good to be true then more often than not it is. Thankfully, there are simple steps that you can take to keep your future money safe.

“This includes never giving out personal or financial information over the phone and always checking the credentials of the company. They should be registered with the Financial Conduct Authority.”

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