A third of over 75s targeted by investment scams, as FCA urges consumers to take the time to check

• A fifth (22%) of over 55s and a third (32%) of over 75s believe they have been targeted by an investment scam in the last 3 years
• Over half (55%) of those who have invested in financial products did so on their own, rather than making the decision with family
• One in eight (14%) of over 55s spend little or no time researching financial investment products before handing over money, rising to a quarter (26%) of over 75s

Read more