A series of 4 bite-sized videos to raise awareness of financial scams.
A spotlight on financial scams
Not a day goes by without us hearing about some type of scam or financial fraud on the news, and over time potential scammers have become more sophisticated and inventive in their approaches.
We wouldn’t suggest that you lose any sleep over the threat of a financial scam, but it’s helpful to understand some of the things that can be targeted by scammers, and how to avoid being scammed. The impact of a financial scam can be devastating to the victim, with pension scam victims losing on average £91,000 according to industry bodies.
In this series of bite-sized videos we’ll focus on some of the common types of financial scams and give you some of our top tips to protect yourself against being scammed.
Please note that these videos were recorded in November 2021.
In this first video we explain what financial scams are and highlight some of the common tactics used by scammers to approach their potential victims.
In this video we highlight some of the main warning signs of a pension scam.
In this video we discuss some other types of financial scams.
In this final video we explain some of the steps that you can take to reduce your risk of being scammed. We also provide details of who to contact if you believe that you have been targeted by a scammer.
You can download a summary of the information included in the videoshere.
This handout also includes links to further resources on financial scams.
Disclaimer
We are not Independent Financial Advisers (IFAs) and nothing on this website should be construed as independent financial advice. If you feel you would benefit from speaking to an IFA about your personal circumstances, you can find more information here.
