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PENSION SCAMS

EDM (Early Day Motion) 876: tabled on 17 March 2015

Tabled in the 2014-15 session.

This motion has been signed by 27 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House recognises the imminent change in the way personal pensions can be utilised; is concerned that tens of thousands of people, who qualify for more flexible arrangements from April 2015, have been targeted by those operating financial scams which seek to convince people to invest substantial pension savings in worthless schemes offering impossibly high returns; and calls on the Government to do more to alert all potential victims to the actions of the fraudsters.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

There are no withdrawn signatures for this motion.