Tag Archives: financial

Recruiting: Financial Management Portfolio holder, Trustee

Ipswich Citizens Advice is an independent, community-based charity staffed largely by volunteers who provide free, confidential, independent and impartial advice to everybody regardless of race, gender, disability or sexuality. Its aims are:

  • to ensure that individuals do not suffer through lack of knowledge of their rights and responsibilities, or of the services available to them, or through an inability to express their needs effectively.
  • to exercise a responsible influence on the development of social policies and services both locally and nationally.

We are seeking someone who can offer the skills relevant to financial oversight of a small bureau (with an annual budget of approx. £300,000). We require a treasurer who can demonstrate commitment and integrity in advising the board on the financial health of the organisation. Responsibilities include presentation of the management accounts at board meetings, and advising on the corrective action that may be required when difficulties arise.

So if: –

  • You want to help the community where you study, live or work?
  • You believe in social justice and want to help change things for the better?
  • You want to make sure you and your neighbours get the advice you need now and in the future?
  • You have skills that you can put to other uses?
  • You want to get involved in running a small but influential and important charity?

Please consider joining us.

We can offer you opportunities that you might not be able to get elsewhere: –

  • Developing new skills.
  • Personal development.
  • Learning how an organisation works.
  • Giving something back to their community.

Ipswich Citizens Advice is a voluntary organisation. All volunteers are fully trained and supported by a paid staff structure.

We are an equal opportunities employer and strive to achieve diversity in all that we do.

For more information or an informal discussion on the role, please contact:

Email: via the contact form on this site.
Postal address: 19 Tower Street, Ipswich, Suffolk, IP1 3BE
Telephone number: 01473 219770

Trustee Recruitment Information 2018

Press release ~ People targeted repeatedly with pension scams, say Ipswich Citizens Advice

computer and phone
1 September 2015

Over 55s are being repeatedly contacted with cold calls and emails offering fraudulent pension opportunities, warns Ipswich Citizens Advice.

Over four months after the pension reforms came into effect, figures from the national consumer body find that two in five Citizens Advice pensions staff across England and Wales have seen people targeted repeatedly with pension scams. A further one in ten saw people who had either responded or fallen prey to a scam.

Half of all local Citizens Advice pension workers think that pension scams are evolving into investment scams, targeting the cash lump sums people can release from their pension pots. A further third of staff from across the service think that scams targeting the over 55s have increased.

Emerging scams seen by Citizens Advice include:

  • Unspecified financial products: People are asked by fraudsters to give them access to their pension pots, who would then invest them into financial products on their behalf. Despite offering a high rate of return, scammers were unable to explain what the investments might be.
  • Free pension reviews: People are texted or cold-called with offers of a free pension review. The caller then asks to visit the person in their own home, bringing paperwork that would allow them to get access to their pension details. One man responded to an internet ad for a free pension review, filled in his details, and was visited by someone claiming to be an Independent Financial Adviser who couldn’t describe any investments.
  • Investments for pension cash: People are approached with offers to invest their pension cash into products such as property overseas or fine wines. One investment scam featured two salesmen – one who visited the potential customer to get access to his pension details, and a second to encourage him to invest his pension and any other savings into property in South Africa.

Nicky Willshere, Manager at Ipswich Citizens Advice said:

“Pension scams threaten people’s financial security. Scammers are finding new ways to go after people’s pension pots including offering free pension reviews and promising to invest in funds that don’t necessarily exist.

“If you’ve had an offer or signed up to a pension scheme you’re unsure about, I urge you to contact Ipswich Citizens Advice where our staff can offer free help and support. Ipswich residents can access Pensionwise guidance face to face via Ipswich Citizens Advice. Telephone guidance is also available. See http://www.pensionwise.gov.uk/ for further details.”

The full survey of more than 460 local Citizens Advice managers, staff, volunteers and Pension Wise guiders also finds that people are most likely to be contacted by cold call, followed by email. Of those who saw people who had been contacted by scammers:

  • 4 in 5 said people were contacted by a phone call
  • 1 in 3 said people were contacted by email
  • 1 in 3 said people were contacted by post
  • 1 in 5 said people were approached by text message

Previous evidence from the charity found that over 55s were more likely to report a scam to their local Citizens Advice.

If you think you may have been scammed you can contact Ipswich Citizens Advice or the Citizens Advice consumer service on 03454 04 05 06.

Common signs of a pension scam:

  • Pension help for free: an offer of help with your pension, such as free review or help tracing a lost pension
  • High rates of return: any promotion offering you a much higher rate of return than other investors
  • Time pressure: if you are told you must give your details within a short time frame or sign paperwork from a courier
  • Early access: an offer to help you access your pension before the age of 55

How to avoid being scammed:

  • Never be rushed into making a decision
  • Check if the company contacting you is regulated by the Financial Conduct Authority (FCA)
  • If you are unsure, contact The Pensions Advisory Service on 0300 123 1047 or contact Citizens Advice on 03454 04 05 06
  • Look at the FCA’s Scamsmart warning list, which gives the names of investment schemes that are known scams: www.fca.org.uk/scamsmart
  • If you have already accepted an offer you think is a scam, report it to Action Fraud
  • For further information on pension scams, visit pensionwise.gov.uk