Tags » Consumer Rights
This month, West Yorkshire Trading Standards is issuing a scam warning around April’s pension freedom reforms.
Financial fraud is on the rise in the UK. One such way of tricking victims out of their cash is a pension scam, also known as “one-off pension investment”, “a pension loan”, “early pension release”, “pension selling”, “pension liberation,” or “cashing in your pension.” Enticing as these might sound, there is a real risk that pension scheme members who are taken in, will lose most, if not all, of their savings. 283 more words
New legislation has recently been enacted which simplifies your consumer rights within one overarching piece of law. The Consumer Rights Act covers areas such as unfair contract terms, your rights when buying goods and services and provides Trading Standards services across the country with new additional powers to stop certain unfair practices. 94 more words