Splet• the new scams strategy from The Pensions Regulator (TPR) TPR scams strategy. TPR has published a new strategy to combat pension scams. This aims to continue to protect … Splet29. nov. 2024 · Those that make the pledge to combat pension scams will agree to: Regularly warn members of the risk of scams; Encourage members requesting cash drawdown to contact The Pensions Advisory Service for free, impartial guidance; Learn the warning signs of a scam and best practice for transfers by completing the scams module …

Pension schemes newsletter 142 TPR scams strategy

Splet29. sep. 2024 · TPR will be granted a range of new powers and sanctions regarding its ability to: request and collate information from regulated schemes and employers; and punish those who fail to comply with its notices and directions. The new powers will come into effect on 1 October 2024 and include: SpletYou should also make staff or clients aware of four important steps to avoiding pension scams: Reject unexpected pension offers, whether in person, over the phone, online or … can redwood trees grow in texas

The Pensions Scorpion Campaign - TailorMade Pensions

Splet10. apr. 2024 · A cap of GBP268,275 on the maximum Pension Commencement Lump Sum will apply for those without lump sum protection. From 6 April 2024, the annual allowance (the amount that can be tax efficiently ... Spletsavers’ pots and secure the intelligence needed to pursue and punish criminals. TPR aims to encourage industry to lead the way in thinking of innovative ways to protect savers now and in the future. The strategy will complement the work of Project Bloom, the multi-agency taskforce created in 2012 to tackle pension scams. Splet03. avg. 2024 · TPR’s plan noted three main drivers of pension scams, which have evolved from pension liberation into a much wider number of scams. First, it observed that too many schemes that savers... can redwood trees grow in indiana