Reform of government retirement declaration raises concerns over mail fraud

By Martin Croucher (November 26, 2021, 12:37 GMT) – The government’s plan to introduce new rules that will require millions of pension statements to be mailed at the same time each year could put Britons at risk of being the target of crooks, a savings provider has warned.

The so-called reporting season proposed by the Work and Pensions Department could result in fraudsters targeting misdirected messages, PensionBee said on Thursday.

The government’s planned reporting season means that all pension providers will have to send annual membership documents to retirement savings plan members at the same time each year. Pensions Minister Guy Opperman said last month that the …

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