The Pensions Regulator says that more than £30m has been reported lost to pension scammers since 2017.
Scammers targeted pension pots large and small, with individual losses ranging from under £1,000 to as much as £500,000. The average victim was described as a man in his 50s – but this could happen to anyone, so what can you do to spot and avoid a pension scam so that it doesn't happen to you?