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Pledge to combat pension scams


Still in draft

The information on this page is still draft. It will be finalised during the next few weeks.

Not every pension scam can be prevented. But we’re asking trustees, providers and administrators to pledge to do all they can to protect scheme members and follow the principles of the Pension Scams Industry Group (PSIG) Code of Good Practice.

Pledging to combat pension scams shows your intent to protect your members. It tells both your members and the pensions industry that you are committed to stopping scammers in their tracks. Once you have taken the pledge it’s up to you and your organisation to take action. Use the resources found on this page to get to understand the pledge.

Pledge commitments

You will need to pledge to:

Make the pledge

Self-certify you meet the pledge

To ensure fewer members are devastated by scams it’s important that you follow through with the actions of the pledge to combat pension scams.

Once you have implemented the steps of the pledge you can self-certify you meet the pledge by detailing the action that your organisation has taken against pension scams.

Find out what you will need to do.

Go further

We want the industry to act now to combat pension scams. The pledge sets out our expectations for the pensions industry and shows the minimum steps you can take to protect scheme members.

These steps have been developed with PSIG to reflect the main principles of their Code of Good Practice. But you can go further by using the PSIG code, which details even more steps you can take to protect members.