Protecting your clients from scammers

The Covid-19 effect on markets and personal finances is making people more susceptible to financial scams than ever before. We’re sure you’re already making your clients aware to be on the lookout for the classic signs but we’ve recently seen an increase in the number of financial scams - including those involving phishing emails, cold calls and fake product documentation.

We know that some individuals have been targeted by an investment scam which references the M&G and Prudential  brands. The scam offers attractive fixed returns, above market realities, on money invested in fixed rate or fixed return products, specifically Fixed Rate Savers and Fixed Rate Deposit Bond, but please be aware there may be others in use.

Please remind your clients to remain vigilant now more than ever, and remind them of the signs to look out for.

We’ve updated our scam information and support on our Covid Hub to help you keep your clients safe from scammers.

"Prudential" is a trading name of Prudential Distribution Limited. Prudential Distribution Limited is registered in Scotland. Registered Office at Craigforth, Stirling FK9 4UE. Registered number SC212640. Authorised and regulated by the Financial Conduct Authority. Prudential Distribution Limited is part of the same corporate group as the Prudential Assurance Company. The Prudential Assurance Company and Prudential Distribution Limited are direct/indirect subsidiaries of M&G plc, a company incorporated in the United Kingdom. These companies are not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.