With financial crime an ever-increasing threat, we want to help you protect your information, and help you keep your finances safe.
Here are our top tips to help protect you and your assets:
- If you’re withdrawing funds to reinvest elsewhere, always ensure the company/people involved are regulated by the Financial Conduct Authority (FCA). You can check this on the FCA website
- Always confirm the authenticity of an organisation by making independent contact and research to check their details
- Beware of ‘phishing’ emails, calls and texts. The key things to remember are:
o We will never use email or phone calls to ask customers for policy information, bank details or to request the movement of money
o You should always independently verify the authenticity of any request for personal information, or for the movement of money, from any institution, Government department or public body
o You should never open email links unless you’re sure that the source is trustworthy
o If you are being offered a great deal to move money, it’s likely that if it sounds too good to be true, it probably is.
Further help and advice:
- The Action Fraud website provides updates on current ‘scams’ and a reporting facility if you suspect you’ve been targeted
- The Financial Conduct Authority - “Be a ScamSmart investor” offers articles and advice on how to avoid different types of financial scams
- Take Five - led by FFA UK (Financial Fraud Action UK) and its members with partners CIFAS and the City of London Police. This website offers advice on avoiding financial frauds and scams.