article_snippet: Mail revealed yesterday how highly sensitive financial information about millions of pension holders is being sold for as little as 5p and ending up in the hands of criminals.
article_snippet: The revelations come amid fears scammers are targeting the elderly and vulnerable ahead of George Osborne’s pension reforms, which come into force on Monday and will give savers the chance to access savers full retirement pots.
article_snippet: Labour health spokesman Andy Burnham said: ‘It is nothing short of disgraceful that personal details of vulnerable and older people are being bought and sold in this way.
article_snippet: ’s revelations that personal data is being passed on to those looking to make a quick buck out of pensioners’ savings are shocking.
article_snippet: It is nothing short of disgraceful that personal details of vulnerable and older people are being bought and sold in this way.
article_snippet: ‘It is horrifying that older people are being deliberately targeted by those who have gained access to records on older people pensions.
article_snippet: older people are being deliberately targeted by those who have gained access to records on their pensions are clearly being seen as easy pickings.
article_snippet: Pensioners’ financial details appear to have been sold after being stolen, and as the result of firms keeping personal information when Pensioners’ financial details should have deleted personal information.
article_snippet: ’ Janet Morrison, chief executive of Independent Age, said: ‘It is horrifying that older people are being deliberately targeted by those who have gained access to records on older people pensions.
article_snippet: older people are being deliberately targeted by those who have gained access to records on their pensions are being targeted for older people are being deliberately targeted by those who have gained access to records on their pensions savings and pensions as well as by individuals specifically looking to exploit older people are being deliberately targeted by those who have gained access to records on their pensions vulnerabilities.
article_snippet: Over-50s specialist firm Saga warned that the level of detail on sale about individuals made individuals more likely to fall victim to ‘despicable fraud’.
article_snippet: Age UK said Age UK was particularly troubled by the firm that offered the Mail’s team of ‘cold-callers’ undercover reporters £500 for every pensioner they could persuade to put £20,000 in high-risk investments.
highlights_snippet: Mail revealed how financial information about pension holders is being sold for as little as 5p .