thetimes.co.uk - An investigation has been started into claims that highly sensitive details of thousands of people’s pension savings are being sold on the open market.
The revelation comes just a week before the government’s new pension freedoms take effect and confirms experts’ fears that scammers will rush to exploit the new rules, which will allow people to take their entire pension pot in one lump sum.
The Information Commissioner’s Office (ICO) today said it was looking into the allegations that details of people’s pay, pension pots and investments were being passed on to criminals and cold-calling firms.
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