MONDAY 5 AUGUST 2019

It’s time to end the great

British pensions rip-off

Only 10 in 3,700 FCA employees work on tackling scams

The regulator needs more funding (Rex)

JAMES MOORE

CHIEF BUSINESS COMMENTATOR

The great pensions rip-off is a headline that could have been written at any time during the past 30 years.
There is no more fertile ground than people’s retirement savings for the depressingly large contingent of
sharks, scam artists and rip-off merchants that bedevil the financial services industry. What’s really
disturbing is that many of them work in “legitimate” parts of the industry and screw people over within the
rules.

Business /Inside Business