The Financial Conduct Authority (FCA) have highlighted their responsibility to protect pension savers ahead of the new pension freedoms in April. They have warned of the dangers of pension frauds and scams in light of the new freedoms. They are concerned that some pension customers will be targeted by criminal enterprise. Or the possibility that unscrupulous firms target consumers before they hit 55 with pension liberation scams, persuading them to access their money before the rules allow access. A particular risk, as many approaching retirement have debts. Do not be taken in. Get Independent Financial Advice from an established regulated firm. If you want a recommendation, give me a call.
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