{"id":2819,"date":"2023-12-06T15:30:16","date_gmt":"2023-12-06T15:30:16","guid":{"rendered":"https:\/\/atsipp.co.uk\/?page_id=2819"},"modified":"2023-12-21T14:34:45","modified_gmt":"2023-12-21T14:34:45","slug":"protect-yourself-from-scams","status":"publish","type":"page","link":"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/","title":{"rendered":"Protect Yourself from Scams"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_3_4 3_4 fusion-three-fourth fusion-column-first\" style=\"--awb-bg-size:cover;width:75%;width:calc(75% - ( ( 4% ) * 0.75 ) );margin-right: 4%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><h3><b>What are warnings signs of a scam?<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An offer of a better guaranteed return on your pension savings.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">High-pressure sales tactics.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Unusual investments, which tend to be unregulated and high risk.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Complicated structures \u2013 so it isn\u2019t clear where your money will end up or several parties taking a fee meaning the total amount deducted from your pension is significant.<\/span><\/li>\n<\/ul>\n<h3><b>What is an early release pension scam?<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An offer to help you release cash from your pension before you are 55.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It often involves transferring your pension savings and you may be offered a loan.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It\u2019s almost certainly a scam \u2013 you can only take money from your pension when you are 55 (increasing to 57 in 2028) or older.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You could inadvertently face a tax bill of 55% on what you have withdrawn, even if you didn\u2019t realise that you had broken the tax rules.<\/span><\/li>\n<\/ul>\n<h3><b>What is a pension review scam:<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An out-of-the-blue offer of a free pension review.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The company contacting you may falsely claim they are authorised or claim that they don\u2019t have to be authorised.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may be offered guaranteed returns or a cash incentive to tempt you to take up the offer.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Typically, involves unusual investments, which tend to be unregulated and high risk.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Some of these are poor value and speculative investments, whilst others are just outright scams.<\/span><\/li>\n<\/ul>\n<h3><b>Where can I find out more about scams in general?<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The financial services regulator\u2019s scams guidance can be found <\/span><a href=\"https:\/\/www.fca.org.uk\/consumers\/protect-yourself-scams\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ul>\n<h3><b>How to protect yourself from pension scams:<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you get a cold call about your pension, the safest thing to do is to hang up.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Only take advice from authorised firms \u2013 you can check a firm\u2019s status <\/span><a href=\"https:\/\/www.fca.org.uk\/firms\/financial-services-register\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If it sounds too good to be true, it usually is:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">professional advice on pensions is not free\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Guaranteed, high returns are normally unrealistic<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">There is no loophole that allows early access to pension saving before age 55 (although early access can be permitted on ill health grounds).<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_5 1_5 fusion-one-fifth fusion-column-last\" style=\"--awb-bg-size:cover;width:20%;width:calc(20% - ( ( 4% ) * 0.2 ) );\" id=\"sidebar\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-2\"><!-- Widget Shortcode --><div id=\"nav_menu-7\" class=\"widget widget_nav_menu widget-shortcode area-avada-custom-sidebar-customersupportmenu \" style=\"border-style: solid;border-color:transparent;border-width:0px;\"><h2 class=\"widgettitle\">Customer Support<\/h2><div class=\"menu-customer-support-container\"><ul id=\"menu-customer-support\" class=\"menu\"><li id=\"menu-item-2856\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2856\"><a href=\"https:\/\/atsipp.co.uk\/customer-support\/share-with-us\/\">Share with us<\/a><\/li>\n<li id=\"menu-item-2855\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2855\"><a href=\"https:\/\/atsipp.co.uk\/customer-support\/wellbeing-support\/\">Wellbeing Support<\/a><\/li>\n<li id=\"menu-item-2854\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2854\"><a href=\"https:\/\/atsipp.co.uk\/customer-support\/retirement-health\/\">Retirement Health<\/a><\/li>\n<li id=\"menu-item-2853\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2853\"><a href=\"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/\">Protect Yourself from Scams<\/a><\/li>\n<\/ul><\/div><\/div><!-- \/Widget Shortcode -->\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4,"featured_media":0,"parent":2813,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Protect Yourself from Scams - atsipp<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Protect Yourself from Scams - atsipp\" \/>\n<meta property=\"og:url\" content=\"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/\" \/>\n<meta property=\"og:site_name\" content=\"atsipp\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-21T14:34:45+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/\",\"url\":\"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/\",\"name\":\"Protect Yourself from Scams - atsipp\",\"isPartOf\":{\"@id\":\"https:\/\/atsipp.co.uk\/#website\"},\"datePublished\":\"2023-12-06T15:30:16+00:00\",\"dateModified\":\"2023-12-21T14:34:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/atsipp.co.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Customer Support\",\"item\":\"https:\/\/atsipp.co.uk\/customer-support\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Protect Yourself from Scams\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/atsipp.co.uk\/#website\",\"url\":\"https:\/\/atsipp.co.uk\/\",\"name\":\"atsipp\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/atsipp.co.uk\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Protect Yourself from Scams - atsipp","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/","og_locale":"en_US","og_type":"article","og_title":"Protect Yourself from Scams - atsipp","og_url":"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/","og_site_name":"atsipp","article_modified_time":"2023-12-21T14:34:45+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/","url":"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/","name":"Protect Yourself from Scams - atsipp","isPartOf":{"@id":"https:\/\/atsipp.co.uk\/#website"},"datePublished":"2023-12-06T15:30:16+00:00","dateModified":"2023-12-21T14:34:45+00:00","breadcrumb":{"@id":"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/atsipp.co.uk\/customer-support\/protect-yourself-from-scams\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/atsipp.co.uk\/"},{"@type":"ListItem","position":2,"name":"Customer Support","item":"https:\/\/atsipp.co.uk\/customer-support\/"},{"@type":"ListItem","position":3,"name":"Protect Yourself from Scams"}]},{"@type":"WebSite","@id":"https:\/\/atsipp.co.uk\/#website","url":"https:\/\/atsipp.co.uk\/","name":"atsipp","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/atsipp.co.uk\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/atsipp.co.uk\/wp-json\/wp\/v2\/pages\/2819"}],"collection":[{"href":"https:\/\/atsipp.co.uk\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/atsipp.co.uk\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/atsipp.co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/atsipp.co.uk\/wp-json\/wp\/v2\/comments?post=2819"}],"version-history":[{"count":4,"href":"https:\/\/atsipp.co.uk\/wp-json\/wp\/v2\/pages\/2819\/revisions"}],"predecessor-version":[{"id":2850,"href":"https:\/\/atsipp.co.uk\/wp-json\/wp\/v2\/pages\/2819\/revisions\/2850"}],"up":[{"embeddable":true,"href":"https:\/\/atsipp.co.uk\/wp-json\/wp\/v2\/pages\/2813"}],"wp:attachment":[{"href":"https:\/\/atsipp.co.uk\/wp-json\/wp\/v2\/media?parent=2819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}