British pension savers lose £31 million to scams since 2017 - regulators

British savers have lost 31 million pounds to pension scams since 2017 according to official data but the actual figures are likely to be much higher, British watchdogs said on Tuesday.Individual losses from pension scams reported to the Action Fraud national reporting centre ranged from less than 1,000 pounds to 500,000 pounds, and the average victim was male and aged in their 50s, the Financial Conduct Authority and The Pensions Regulator said.The figures are likely to be under-stated because