From the Telegraph
The British public have been put on "red alert" for fraud – and with very good reason.
Since the new pension freedoms were introduced in April, giving over-55s access to their entire pension fund, there has been an explosion of fraudulent investments in the UK.
Billions of pounds of "unlocked" pension cash is a golden opportunity for con artists. Nearly every consumer or security organisation – from Citizens Advice to the police – has issued warnings to deter people from handing over their cash to scammers, but no amount of warnings can protect everyone from being tricked.