28 July 2020

Royal London welcomes Select Committee inquiry into scams

3 min read

Helen Morrissey, Personal Finance Specialist
Helen Morrissey

Corporate PR Specialist – Long Term Savings

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Commenting on the Work and Pension Select Committee’s announcement that it will launch an inquiry into how Pension Freedom and Choice has worked and how people can be better protected from scams, Clare Moffat, head of the intermediary development and technical team at Royal London, said:

“Pension scammers have taken advantage of the flexibilities included in Pension Freedom and Choice to separate people from their hard earned pension investments and undermine their long held retirement plans. These fraudsters are a scourge and we welcome the Work and Pensions Select Committee’s decision to look at how people can be better protected.”

-ENDS-

Notes to editors

More information can be found on the UK Government website.

 

For further information please contact:

Helen Morrissey, Corporate PR Specialist – Long Term Savings

About Royal London:

Royal London is the largest mutual life insurance, pensions and investment company in the UK, with assets under management of £139 billion, 8.6 million policies in force and 4,348 employees. Figures quoted are as at 30 June 2020.