Protecting yourself against financial scams

Millions of people are affected by financial fraud and scams every year – whether it’s online, over the phone, by post or in person. In this episode, host Andrea Fox speaks to Marilyn Baldwin OBE, founder of Think Jessica, about how we can spot financial scams and protect ourselves from them. Marilyn spent five years trying to help her elderly mother Jessica who fell victim to numerous scammers and set up Think Jessica, an organisation committed to protecting people from financial fraud, shortly after she died. How can you find more information? Royal London recommends you seek professional independent financial advice before making financial decisions. You can learn more about the value of financial advice on our website, or visit Unbiased to find a trusted professional in your area. You can also find lots of helpful information on recognising, avoiding and reporting financial scams on the following sites: General information and support Think Jessica: www.thinkjessica.com Take Five: takefive-stopfraud.org.uk Money Advice Service: www.moneyadviceservice.org.uk/en/categories/scams Royal London: www.royallondon.com/media/good-with-your-money-guides/avoiding-scams Preventing postal fraud Mail Preference Service: www.mpsonline.org.uk Citizens Advice: www.citizensadvice.org.uk/consumer/post/stop-getting-junk-mail Preventing telephone fraud Telephone Preference Service: www.tpsonline.org.uk Citizens Advice: www.citizensadvice.org.uk/consumer/phone-internet-downloads-or-tv/stop-getting-nuisance-calls-and-texts Preventing online fraud Nation Cyber Security Centre: www.ncsc.gov.uk Reporting a scam Action Fraud: www.actionfraud.police.uk This episode was recorded in January 2021 during the coronavirus outbreak. For the latest information on financial support and benefits, visit gov.uk/coronavirus. Please note that all topics discussed in this episode can vary depending on your personal circumstances. Any figures quoted were accurate at the time of recording.

Om Podcasten

Confused about your finances? The penny drops podcast is here to help you understand your money and make better informed financial decisions. Presenter and Broadcast Journalist Andrea Fox will be grilling financial experts on your behalf to get the best tips on topics such as savings, pensions, budgeting, debt and retirement. This podcast series is brought to you by Royal London, the UK’s largest mutual life, pensions and investment company.