Results for Gareth Shaw tag

Which? is launching a free scam alert service to warn consumers about the latest fraud attempts and give advice about how they can protect themselves, as criminals exploit the coronavirus outbreak to unleash a new range of scams. With more than £1.2 billion lost to scammers in 2019, fraud has become one of the most […]

Gareth Shaw, Head of Money at Which?, said: “For years, fraudsters have been using “spoofing” tactics to trick their victims and we’ve seen huge numbers of people lose significant sums of money to this type of scam. “It is good to finally see a co-ordinated approach across the banking and telecoms industry to develop solutions […]

Gareth Shaw, Head of Money at Which?, said: “Pension savers should think very carefully when making decisions about accessing their money if they are concerned about the impact of the economic uncertainty on their finances. While pension freedoms have offered greater flexibility, they have also led to increased risks such as scams and poor value […]

Gareth Shaw, Head of Money at Which?, said: “Millions of people rely on cash every day but many will struggle to access their money during the coronavirus crisis. Our research has found a third of people, including those aged 65 and over and vulnerable consumers, have concerns about managing their money digitally, so this initiative […]

Gareth Shaw, Head of Money at Which?, said: “The financial impact of the coronavirus crisis on savings including pensions is a huge concern for consumers, and the uncertainty has created the perfect environment for fraudsters to thrive. “In the last few weeks, there has been a rise in scams and dodgy get-rich-quick investments, so it […]

Gareth Shaw, Head of Money at Which?, said: “Buying a home is a major life event, and anyone navigating the already complicated process amid the coronavirus crisis is likely to be having a hugely stressful time. “It is vital that home movers are afforded flexibility by all involved in the home buying process from agents […]

Gareth Shaw, Head of Money at Which?, said: “It is positive to see lenders taking a proactive approach, and this latest initiative will provide some relief for home movers who have had to halt purchases. “Mortgage providers must move swiftly to provide those affected with clear guidance on how the initiative will work in practice […]

Gareth Shaw, Head of Money at Which?, said: “It’s understandable that some shops may ask customers for card-only payments to reduce the risk of transmitting the coronavirus, but we are concerned this will leave many vulnerable people unable to pay for the basics they need. “Both the government and retailers need to find a way […]

Gareth Shaw, Head of Money at Which?, said: “Banks will be facing additional pressures as a result of the coronavirus pandemic, but delays to the introduction of this vital name-check security have already resulted in thousands of customers losing life-changing sums of money to bank transfer scams. “It’s therefore vital that if a directed bank […]

Gareth Shaw, Head of Money at Which?, said: “While it’s encouraging to see more fraud victims being reimbursed as a result of some banks applying the voluntary scams code, these figures suggest that many innocent people who have lost money through this type of crime are still not getting the protection they deserve. “The code […]