Scam warning: Britons urged to ‘watch out’ as scammers use new ways to drain pots | Personal Finance | Finance

He suggested that if someone is any doubt, they should remember to never provide any personal information or details, including passwords or answers to their security questions. People can check the authenticity of anyone they’re dealing with by looking at brands’ official sites, or by giving the official brand a call directly to confirm that those contacting them are who they say they are.

He continued: “You should not respond to anyone who calls you attempting to sell you investment opportunities – if this happens, simply hang up the phone. If someone contacts you about your pension and you didn’t ask to be contacted, this is a warning sign and you should stop communicating immediately.

“It’s also advisable to take time to research the organisation or business behind any investment comparison site before engaging with it to make sure you’re dealing with a reputable brand. Again, do not share any personal information if you have any doubts at all.”

Britons should also stay alert on social media.

With the introduction of the pension cold-calling ban, scammers have changed their approaches to how they target their victims and take their money.

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