Pension warning: Breaking ‘recycling’ guidelines might value you – what’s the standards? | Personal Finance | Finance

Scammers have additionally been identified to try to benefit from each client’s fears in addition to the pension freedom guidelines.

They’ll typically goal pensioners by promising them superior outcomes in the event that they switch their pension pots to sure doubtful choices.

Unfortunately, as soon as a pension has been transferred right into a rip-off, it’s typically too late to rectify the problem.

Thankfully, there may be loads of recommendation out there freely on-line which may also help folks determine and defend themselves from scams.

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