Scam Pension Campaign

Scam Websites Frozen in Pension campaign

There has been report of many websites being suspended who have been cheating people of their pension funds by giving misleading information. They reportedly ran scam campaigns encouraging members to dig into their pension pots even before they reach 55 by offering personal loans or cash incentives through misinformation.

Going by reports, National Crime Agency, has already suspended around 18 such pension campaign websites. These Scamsters, besides using websites, as marketing medium, have been using text messages, and cold calls to entice people to access their frozen pension.

It is common knowledge that normally people cannot access their pension funds before the age of 55, unless they are seriously ill or some one situation that warrants such move else they are liable to pay heavy tax and in some cases penalties. One can access to unlock their frozen pension.


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