Pension scammers are acting with impunity and few have ever been held to account, according to industry body The Pension Scams Industry Group (PSIG).

Two convicted 'pension liberation' fraudsters have been ordered to hand over the majority of their assets after a Proceeds of Crime investigation by The Pensions Regulator (TPR).

Pensions Minister Laura Trott has backed a call from three scam-fighting bodies warning pension scheme trustees and savers of a potential increased risk from scammers seeking to cash in on economic uncertainty.

Pension scammers have attempted to con 14% of the UK adult population, equivalent to 7.6m adults, a new study has found.