Scam warning over pensions legislation

From April, new legislation means people have greater freedom to withdraw money from their pension fund.

A spokesman said: “There is a danger unscrupulous firms will try to con people into parting with their hard earned pension savings.

“Scams may involve trying to make people transfer their pension pot to a new scheme or investment which could have very low returns. We’re encouraging everyone to look out for schemes that sound too good to be true.”