New inquiry will probe fraud risks around new pension freedoms
(World News UK)

Concerns that savers could be at risk of scams as people take up the new pension freedoms are being probed by MPs. The Work and Pensions Committee is launching an inquiry into whether and how far the pension reforms are achieving their objectives and whether changes are needed. It wants to know if enough is being done to prevent scams and mis-selling. Launched in 2015, the freedoms give the over-55s a much wider range of choices over how they use their retirement...