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1237549

registered interest
date	24/09/2020
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pensions: Fraud
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, what discussions her Department has had with (a) regulators, (b) pension providers and (c) HMRC on taking steps to encourage pension scam victims to report those scams.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	95095
answer	answer is ministerial correction date of answer 02/10/2020 answer text <p>DWP works with other government departments, regulators, police, enforcement agencies and the pensions industry to raise public awareness of pension scams and encourage the reporting of scams by victims. The Government established Project Bloom, a cross-government taskforce that brings together law enforcement, government and industry to share intelligence, raise awareness of and the reporting of scams through public communication campaigns, and take enforcement action where appropriate.</p><p> </p><p>Project Bloom monitors the evolution of scam typology and the measures that all agencies including providers and financial professionals can take to help prevent scams.</p><p> </p><p>The Government continues to drive forward and endorse better messaging from both TPR and FCA to the public and industry on how to identify a scam. Government helped facilitate and supported the joint statement by regulators at the outset of the Covid-19 pandemic, urging individuals not to make hasty pension decisions.</p><p> </p><p><a href="https://www.ppf.co.uk/sites/default/files/2020-05/COVID-19-and-your-pension.pdf" target="_blank">https://www.ppf.co.uk/sites/default/files/2020-05/COVID-19-and-your-pension.pdf</a>.</p><p> </p><p><a href="https://www.thepensionsregulator.gov.uk/en/media-hub/press-releases/2020-press-releases/covid-19-savers-stay-calm-and-dont-rush-financial-decisions" target="_blank">https://www.thepensionsregulator.gov.uk/en/media-hub/press-releases/2020-press-releases/covid-19-savers-stay-calm-and-dont-rush-financial-decisions</a>.</p><p> </p><p>The Government is also using social media to further endorse the messaging from the regulators, with posts referencing Pension Scams and #ScamSmart in total across Twitter, Facebook and LinkedIn in the period March to September 2020.</p><p> </p><p>The ScamSmart campaign and website have been live since 2014. It started by focusing on just Investment Scams and has grown to incorporate Pension Scams. The aim of all the activity under the ScamSmart brand is to alert consumers to the warning signs that indicate a possible scam is taking place and to drive action, getting consumers to use the FCA Warning List tool and the Register. The national media campaign which ran from July to November 2019 resulted in excess of 220,000 people visiting the website.</p> answering member constituency Hexham answering member printed Guy Opperman question first answered 02/10/2020 13:49:26 answering member 4142 label Biography information for Guy Opperman
tabling member	4365 label Biography information for Neil Gray

647093

registered interest
date	28/11/2016
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pensions: Fraud
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, what recent assessment he has made of trends in the incidence of pension fraud in (a) Scotland and (b) the UK since the introduction of the pension freedoms announced in the Budget 2014.
tabling member constituency	Edinburgh South
tabling member printed	Ian Murray
uin	55219
answer	answer is ministerial correction date of answer 01/12/2016 answer text <p>The government takes the threat of pension scams very seriously, and is committed to protecting people by helping them to avoid putting their money into scams and by pursuing fraudsters wherever possible.</p><p>It is for this reason that the Government established Project Bloom, a multi-department, multi-agency group of officials to help co-ordinate action to tackle scams, monitor trends and share intelligence on emerging threats. Members include the National Crime Agency, police forces, Pension Wise, regulators and key Government departments.</p><p>However, the government recognises that more needs to be done. We have heard the concerns raised that the pension freedoms may make people more vulnerable to scams involving their pension savings and that is why we have taken positive action and announced, at autumn statement, that we will consult on a package of measures aimed at tackling 3 different areas of pensions scams:</p><ul><li>a ban on cold calling in relation to pensions to help stop fraudsters contacting individuals;<br></li><li>limiting the statutory right to transfer to some occupational pension schemes, and <br></li><li>making it harder for fraudsters to open small pension schemes</li></ul><p>The intention is that the consultation will be launched before Christmas; and next steps will be announced at Budget 2017</p><p> </p> answering member constituency Watford answering member printed Richard Harrington question first answered 01/12/2016 15:35:24 answering member 4068 label Biography information for Lord Harrington of Watford
tabling member	3966 label Biography information for Ian Murray

582651

registered interest
date	13/09/2016
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pensions: Fraud
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty’s Government what estimate they have made of the percentage of pension scams in the UK that (1) originate overseas, and (2) are initiated by UK-based firms.
tabling member printed	Baroness Altmann
uin	HL1834
answer	answer is ministerial correction date of answer 27/09/2016 answer text <p>The Government has not made an estimate of the geographic origin of pension scams. Scams are often complex in nature and those reported to Action Fraud as taking place in the UK may have originated elsewhere.</p> answering member printed Lord Freud question first answered 27/09/2016 14:05:17 answering member 3893 label Biography information for Lord Freud
tabling member	4533 label Biography information for Baroness Altmann