In my last blog, I said the world had changed with a move away from defined benefit (DB) pensions.
From fighting pension scams to tackling Environmental, Social, and Governance, 2020 will be another fast-moving year of change full of positive opportunities and challenges we must all strive to meet.
Pension scams can happen to anyone, with scammers using sophisticated techniques to con people out of their hard-earned retirement cash.
At a time when savers have more flexibility than ever over their pensions, it is inevitable that scurrilous criminals hellbent on stealing people’s retirement pots are circling.
The pension cold calling ban is here. Consumers, regulators and police officers alike should celebrate.
For several months now, we have talked about our commitment to change as a regulator – to be clearer, quicker and tougher.
The Facebook data scandal has got a lot of people thinking for the first time about what we share with organisations and how it will be used.
You know you’re on the side of right when everyone agrees. It doesn’t happen often. But the government’s move for a swift ban on pension cold-calling is one of those times.
Next year threatens to be a chastening one for those making their fortune from pension scams – if we all do our bit.
The theory of evolution states that evolution happens by natural selection.