I'm considering a financial investment and want to ensure I'm protected from scams. On the FCA website, what are two key warning signs of a pension scam? How can I report a suspected scam to the FCA? Also, what is the primary purpose of the FCA Warning List of unauthorised firms?
Navigate to the 'Pension scams' page on the FCA website. Identify two distinct warning signs of a pension scam. Navigate to the 'Report a scam' page. Identify the methods for reporting a scam to the FCA (phone and contact form). Navigate to the 'FCA Warning List of unauthorised firms' page. Identify and state the primary purpose of the FCA Warning List.
Successfully navigate to the 'Pension scams' page. State at least two distinct warning signs of a pension scam (e.g., guaranteed better returns, high-pressure sales tactics, unusual investments, complicated structures, multiple fees). State the methods for reporting a scam to the FCA (via phone and/or contact form). Successfully navigate to the 'FCA Warning List of unauthorised firms' page. Explain the primary purpose of the FCA Warning List (e.g., to find details of unauthorised firms and individuals not allowed to operate in the UK).