London Pensions Fund Authority Joins Pension Scams Industry Forum
London Pensions Fund Authority has joined the Pension Scam Industry Forum (PSIF). The forum aims to share knowledge and best practice across the industry by discussing pension scam and liberation developments and threats, with the overall aim being to safeguard its members’ pension savings.
The LPFA has also signed The Pensions Regulator’s pledge to combat scams earlier this year (April 2021), making a commitment to raise awareness of the issue and educate its members.
Helen Astle, LPFA Chief Legal and Compliance Officer said: “Preventing pension scams is one of the key responsibilities for us as a Fund and we will do our absolute best to protect the pension savings of our members. Joining the PSIF and singing to TPR’s pledge is one way to achieve this and we will make every effort to minimise the risk to our members’ pension benefits.”
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