Fraud Compensation Fund

We cover the financial losses of eligible occupational pension schemes due to dishonesty.

[Fraud Compensation Fund @FCFund1]

We're pleased to have been able to provide over £180m to the victims of some of these pension scams.

Watch yesterday’s episode of Rip Off Britain to learn what to look out for and how to protect your pension savings.

[ThePensionsRegulator @TPRgovuk]

The Pension Regulator’s Katharine Musto joined Gloria Hunniford and Sarah Pennells to discuss pension scams on BBC’s Rip Off Britain.

Katharine shared the key warning signs to look out for and talked about the action TPR and its Pension Scams Action Group (PSAG) partners are taking to protect savers.

👉 Watch now: https://t.co/IW65IT0JNz

#PensionScams #FraudPrevention #RipOffBritain #PSAG

[Actuarial Post @actuarialpost]

#Pension #scam victims receive #compensation in GBP80m payout, @TPRgovuk @FCFund1 @DalriadaTrustee..£27,000 after he was persuaded into transferring two pension pots into a scam pension scheme in 2013. He was targeted by a caller who promised him a £4000.. https://t.co/uWgi9NyHK2

[Fraud Compensation Fund @FCFund1]

We're pleased that over 2,000 victims of pension scams will be able to access their pension savings, following the payment of FCF compensation and securing benefits.

Read more:https://t.co/jU2P71zL6M

[Fraud Compensation Fund @FCFund1]

We’ve recently been made aware of a scam asking some scheme members to claim their payments. Trustees are responsible for contacting members; we do not contact members individually about payments.

[Fraud Compensation Fund @FCFund1]

The recent EastEnders storyline of a scammer stealing Jean's pension highlights the devasting impact of pension scams.

Find out more about the warning signs of scams and how to protect yourself: https://t.co/ba4jBq0duL

[Fraud Compensation Fund @FCFund1]

We cover the financial losses of eligible occupational pension schemes which have occurred due to dishonesty, this includes pension schemes set up as part of a scam. This year we've completed the assessment of 21 cases.

https://t.co/FKPChZ1Z7t

#PensionScams #ScamAware

[ThePensionsRegulator @TPRgovuk]

📽️Watch our hard-hitting new video of nurse Pauline Padden who became a victim of pension fraud.

Watch the full video here:
🔗https://t.co/J8bJCQArGt

How to avoid and report scams:
🔗https://t.co/EBRc3PtXQm

#ProtectAgainstFraud #FirstLineOfDefence #PledgeToCombatPensionScams

[Fraud Compensation Fund @FCFund1]

We've made total compensation payments of £9.8m to three pension schemes, whose members’ pension savings were lost after being unlawfully invested in the former sole trustee’s own business, Norton Motorcycles Holdings Ltd.

Read more: https://t.co/WK8pjDoWA3