Hardly a week goes by without the financial press reporting another huge fine for a bank, an investment that has failed, or a ruling by the Financial Ombudsman Service in favour of an investor.
So how do you spot a scam? What are the tell-tale signs? How can you avoid losing your life savings?
Here are the dirty dozen, 12 early warning signs to look out for:
#1: Cold callers and unsolicited texts
Receiving an unsolicited call or text message, which offers you an investment opportunity or a “free pension review” (more ...