Pension scams: warning signs and what to do

Recognise UK pension scam warning signs, check an FCA-authorised firm and report suspicious approaches before transferring or withdrawing.

Last reviewed 4 September 2026

Frequently asked questions

Are pension cold calls legal?

Unsolicited pension cold calling is generally banned, subject to narrow exceptions. A call being illegal is itself a strong reason to end it.

Can I access my pension early?

Normally not before minimum pension age unless a valid ill-health or protected pension age rule applies. Early-unlock offers are a common scam.

Where should I report a pension scam?

Tell your provider, Action Fraud and the FCA. In Scotland, fraud should also be reported to Police Scotland.

Official sources