Carolyn Jones, pensions expert at the Money and Pensions Service said:
“We know that Coronavirus has lead to an increase in uncertainty but it’s crucial not to rush into any pension decisions. A small amount of time on the phone with a pension specialist could make all the difference, helping you to avoid risking the retirement savings you’ve built up over your working life. For free impartial guidance on how to avoid pension scams call The Pensions Advisory Service helpline on 0800 011 3797.”
-ENDS-
For media enquiries contact:
- MaPS Press Office 020 8132 5284 / media@maps.org.uk
- Ben Infield, press officer 020 8132 4696 / benjamin.infield@maps.org.uk
About the Money and Pensions Service
The Money and Pensions Service (MaPS) vision is: ‘everyone making the most of their money and pensions.’
MaPS is an arm’s-length body sponsored by the Department for Work and Pensions (DWP), and it has a joint commitment to provide access to the information and guidance people across the UK need, to make effective financial decisions over their lifetime.
The organisation also engages with HM Treasury on policy matters relating to financial capability and debt advice.
MaPS brings together the free services previously delivered by the Money Advice Service, The Pensions Advisory Service and Pension Wise. MaPS offers customers guidance and appointments over the telephone, online and in person.
For further information visit the Money and Pensions Service website www.moneyandpensionsservice.org.uk
Consumers can continue to access free guidance about their money and pensions via the following websites and helplines:
www.moneyadviceservice.org.uk / 0800 138 7777