The UK is facing a pension fraud crisis that could see millions scammed out of their life savings, according to research.
A report by data and technology specialist LexisNexis Risk Solutions, Pension sector faces looming fraud crisis, warns that, as digital pension services come online, pension holders’ greater access to cash from retirement savings is leaving them vulnerable to scams.
https://www.theactuary.com/2023/05/24/warning-cyber-pension-fraud-crisis-horizon