7 steps to take to reduce the risk of investment fraud

When you’re investing your money, you should carefully think of the investment risks involved. However, considering how attractive your investment portfolio will be to fraudsters is just as important. Figures obtained from the National Fraud Intelligence Bureau by AJ Bell suggests that investment fraud is on the rise. It’s a crime that could mean victims’ financial security and future is placed at risk. In the first six months of 2019, over 8,000 investment fraud reports were made, almost double the amount in the same period last year. The rapid surge means investment ...

SIPPs: Unregulated and unsuitable investments push up SIPP complaints

Complaint formThe number of complaints received by the Financial Ombudsman Service (FOS) in relation to Self-Invested Personal Pensions (SIPPs) has leapt by nearly 50% over the past year. According to figures published in the Sunday Times, the number of complaints received by the Ombudsman, up to 31st March 2014, relating to SIPPs, has risen from 697 to 1,036. Unsuitable investments Need advice on your SIPP?...