There are different types of pension scams but they can all lead to you losing a lifetime’s worth of savings in a moment.

Since April 2015 you have more choices about how you can access your pension pot than in the past. Scammers know this and will try to lure you with promises of upfront cash, early acceess to your funds, one-off ‘deals’ with guaranteed high returns.

Taking money out of your pension early can result in tax charges of more than half the value of the money you take out.

You can find out more about spotting and avoiding pension scams from The Pensions Regulator