Scams

A service that aims to combat money transfer scams and incorrect payments by checking the name of the person or company you're sending money to online could be delayed until next year.

Pension cold-calling has been made illegal from today, in a bid to tackle pension scams – here's what you need to know. 

Pension cold-calling will be banned from Wednesday 9 January, in a bid to tackle pension scams.

Thousands of Iceland Bonus Card customers have been caught up in a security breach which saw criminals illegally access accounts and a large number of cards cancelled as a precaution, MoneySavingExpert.com can reveal. 

Vision Direct customers who ordered online or updated their details earlier this month may have had their personal and financial data stolen, after the website was breached. 

The Government has warned of rogue traders selling fake poppy merchandise, which won't benefit charities. 

A new 'name check' service is being set up to tackle money transfer scams and lower the risk of online payments being sent to the wrong account – with some banks expected to start using it early next year. 

Banks must not automatically assume their customers are at fault if they're targeted by sophisticated scammers, the Financial Ombudsman Service has said.

Two regulators have warned that pension scam victims lost £91,000 each on average in 2017, leaving them struggling to make ends meet during retirement.

Scammers are pretending to be from the Financial Ombudsman Service to try and trick victims into handing over personal information, the watchdog has warned.