I have received the messages below via a local resident which may be of interest to you:
Message sent by
Action Fraud (Action Fraud, Administrator, National)
HMRC have advised that from April 2015, people over the age of 55 will be given the flexibility of taking a number of smaller lump sum pension pots. 25% of the sum will be tax-free, with the remaining pension fund charged at marginal rate of income tax.
If you take out money from your pension fund before the age of 55, the normal tax rules apply. We are concerned that fraudsters will take advantage of these rule changes by offering to invest pensions on the victim’s behalf. Be very wary of such offers.
Avoid losing your hard-earned cash:
• Do not invest with companies which cold call you, offering extremely high returns. If it sounds too good to be true, it probably is.
• Seek financial advice from the Citizens Advice Bureau, who work alongside the Treasury delivering the ‘Pension Wise’ service. Further information can be found here.
• If you wish to invest your savings in a company, please ensure you seek advice from an FCA registered and authorised advisor
• Be aware of callers offering a free pension review service by phone call, email and text message and do not invest in unregulated markets such as overseas property developments, storage units or forestry.
• Alert: “We are holding a parcel in your name” scam postcards delivered to resident’s homes
Scam postcards are being delivered to UK residents’ homes claiming that a parcel containing “jewellery” is waiting for the homeowner