fraud

One in 10 targeted by pension fraudsters

Around one in 10 pension savers have been approached by pension scammers, according to research.

In a survey, carried out by Succession Wealth, of those aged over 50 and with pension plans around 10% had been approached by potential scammers, while 5% had lost money.

Binary options trading banned for retail investors

Financial Conduct Authority (FCA) has confirmed its decision to ban binary options.

In a statement released on 29 March, the regulator announced that the selling, distributing or marketing of binary option to retail investors will no longer be allowed.