{"id":2756,"date":"2021-11-17T09:37:28","date_gmt":"2021-11-17T09:37:28","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/?p=2756"},"modified":"2021-11-17T09:37:29","modified_gmt":"2021-11-17T09:37:29","slug":"flip-the-context-and-protect-your-hard-earned-cash","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2021\/11\/17\/flip-the-context-and-protect-your-hard-earned-cash\/","title":{"rendered":"\u2018Flip the context\u2019 and protect your hard-earned cash"},"content":{"rendered":"<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Pension\nsavers lost more than \u00a32m to scammers in the first five months of this year.\nThe average amount lost per victim so far in 2021 is a staggering \u00a350,949 \u2013\nmore than double the \u00a323,689 lost on average in 2020. <\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>This is\naccording to worrying research from the Financial Conduct Authority (FCA),\nwhich found that pension holders are nine times more likely to trust pension\n\u2018advice\u2019 from an online acquaintance than from a stranger they met face to\nface. To avoid losing your life savings, the FCA suggests <em>\u2018flipping the\ncontext\u2019<\/em>, and imagining what you would do if a stranger in the pub told you\nto put your pension into something they were selling. <\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Spotting\nscams <\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Have you: <\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>\u2022 Been offered\na free pension review out of the blue? <\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>\u2022 Been\nguaranteed high returns? <\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>\u2022 Been offered\nthe opportunity to release cash from your pension under 55 years of age? <\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>\u2022 Felt\npressured into a deal, for example with a \u2018time-limited\u2019 offer? <\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>\u2022 Been offered\nan unusual investment opportunity (often unregulated and high risk)? <\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>If so, or if\nyou have doubts about any investment opportunities related to your pension, get\nin touch.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong><em>The value\nof investments and income from them may go down. You may not get back the\noriginal amount invested. A pension is a long-term investment. The fund value\nmay fluctuate and can go down. Your eventual income may depend on the size of\nthe fund at retirement, future interest rates and tax legislation<\/em><\/strong>.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Pension savers lost more than \u00a32m to scammers in the first five months of this year. The average amount lost per victim so far in 2021 is a staggering \u00a350,949 \u2013 more than double the \u00a323,689 lost on average in 2020. This is according to worrying research from the Financial Conduct Authority (FCA), which found [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":2757,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,89,88,90],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/2756"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=2756"}],"version-history":[{"count":3,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/2756\/revisions"}],"predecessor-version":[{"id":2760,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/2756\/revisions\/2760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/2757"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=2756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=2756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=2756"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=2756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}