Transferring pensions to scammers – the ABC of shame HOW DO PENSION SCAMS WORK? Every pension scam starts with a negligent transfer. Ceding providers hand over millions of pounds to pension scammers every year. Firms – from Aviva to Zurich – ignore warnings by regulators and HMRC. The providers tick their boxes; the scammers make their millions; the victims are ruined. The ceding providers have something significant in common with the scammers. When we expose some of the scammers, their lawyers swing into action. I once had letters from Carter Ruck, Mishcon de Reya and DWF land on my desk all in one day. The scammers’ lawyers bleat loudly about their “poor” clients’ reputations. Read the full story here - https://pension-life.com/transferring-pensions-to-scammers-the-abc-of-shame/ #vulture #hmrc #pensionscam #cedingproviders povider #aviva #Zurich #pensionlife #pensionscammers #pensionfund #pensionscam #royalmail #dbpensions #dbpension #pensionfund #retirement #retire #retirementplanning #victims #pensiontrustees #cedingproviders https://www.instagram.com/p/BwtyyQJlzho/?igshid=umpadvvebp2
