New statistics from the Financial Conduct Authority (FCA) highlight the extent to which criminals are taking advantage of the Covid-19 pandemic to push fraudulent investment products.
The Financial Lives Survey (FLS), published 11 February, shows 44 percent of people had an unsolicited approach about pensions, retirement planning or investments which they believed to be a scam between February and October 2020.
This compared to the 18 percent who had such an approach in th...