{"organism":"Page","children":[{"organism":"Container.Raw","children":[{"organism":"Metadata","model":{"title":"Beware of Overseas Transfer Scams","text":"Learn about the risks of unauthorised overseas pension transfers, how scammers operate, and how to safeguard your Shell SOCPF pension.","links":[{"name":"Beware of Overseas Transfer Scams","value":"https://pensions.shell.co.uk/source/socpf/trustee-news/beware-of-overseas-transfer-scams.html"}],"image":{"src":"https://pensions.shell.co.uk/source/socpf/trustee-news/beware-of-overseas-transfer-scams/_jcr_content/root/metadata.shellimg.jpeg/1760483262156/scpf-pension-news-guard-against-scams.jpeg","alt":"Man using laptop and phone","width":3840,"height":2160}},"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/metadata"},{"organism":"ContentOwner","model":{},"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/contentowner"},{"organism":"Container.Header","children":[{"organism":"Topbar.Left","color":"brand1-subtle","model":{"links":[{"name":"SCPF news website","value":"https://pensions.shell.co.uk/source/scpf.html"},{"name":"SOCPF news website","value":"https://pensions.shell.co.uk/source/socpf.html"},{},{"name":"Jargon","value":"https://pensions.shell.co.uk/source/socpf/jargon.html"}]},"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/header/topbar_copy_copy"},{"organism":"Navigation","color":"inherited","model":{"links":[{"value":"https://pensions.shell.co.uk/source/socpf.html"},{},{"name":"Home","value":"https://pensions.shell.co.uk/source/socpf.html"},{"name":"Funding","value":"https://pensions.shell.co.uk/source/socpf/funding-news.html"},{"name":"Investments","value":"https://pensions.shell.co.uk/source/socpf/investments-news.html"},{"name":"Financials","value":"https://pensions.shell.co.uk/source/socpf/financials-news.html"},{"name":"Trustee news","value":"https://pensions.shell.co.uk/source/socpf/trustee-news.html"},{},{"name":"Who can help?","value":"https://pensions.shell.co.uk/source/socpf/socpf-who-can-help.html","icon":"/content/dam/shell/icons/global/status/question-mark-circle.svg"},{"name":"Calendar","value":"https://pensions.shell.co.uk/source/socpf/calendar.html","icon":"/content/dam/shell/icons/global/time/calendar.svg"},{"name":"Search","value":"https://pensions.shell.co.uk/search.html","icon":"/content/dam/shell/icons/global/operations/search.svg"}]},"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/header/navigation_copy"},{"organism":"Breadcrumb","model":{"links":[{"name":"Home","value":"https://pensions.shell.co.uk/"},{"name":"Welcome to the Source","value":"https://pensions.shell.co.uk/source.html"},{"name":"SOCPF","value":"https://pensions.shell.co.uk/source/socpf.html"},{"name":"Trustee news","value":"https://pensions.shell.co.uk/source/socpf/trustee-news.html"},{"name":"Beware of Overseas Transfer Scams","value":"https://pensions.shell.co.uk/source/socpf/trustee-news/beware-of-overseas-transfer-scams.html"}]},"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/header/breadcrumb"}],"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/header","model":{}},{"organism":"Container.Main","children":[{"organism":"Container.Section","children":[{"organism":"PageHeader","color":"inherited","model":{"title":"Beware of Overseas Transfer Scams","image":{"src":"https://pensions.shell.co.uk/source/socpf/trustee-news/beware-of-overseas-transfer-scams/_jcr_content/root/main/section/page_header.shellimg.jpeg/1760482944977/scpf-pension-news-guard-against-scams.jpeg","alt":"Man using laptop and phone","width":3840,"height":960}},"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section/page_header"},{"organism":"PromoSimple.Text","color":"inherited","id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section/text","model":{"text":"\u003Cp\u003EIn our last newsletter we told you about the ongoing threat of pension scams. There are unauthorised overseas companies targeting pension scheme members, encouraging them to transfer their pensions abroad. These offers often promise high returns, early access to funds, or tax advantages but they can come with serious consequences.\u003C/p\u003E\r\n\u003Cp\u003ESome members have reported being contacted by firms based overseas, claiming they can help transfer pensions into international investment schemes. These companies are not authorised by the Financial Conduct Authority (FCA) and may not have your best interests at heart.\u003C/p\u003E\r\n\u003Cp\u003EThe Trustee will never give your contact details to financial advisers or ask a financial adviser to contact you.\u003C/p\u003E\r\n\u003Cp\u003EOnce your pension is transferred, it can be extremely difficult or even impossible to recover your money if something goes wrong.\u003C/p\u003E\r\n\u003Cp\u003EPension schemes based overseas are not covered by the Financial Services Compensation Scheme (FSCS), so you wouldn’t be entitled to compensation under the scheme if your pension provider  went out of business.\u003C/p\u003E\r\n"}}],"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section","model":{}},{"organism":"Container.Section","color":"brand1-subtle","children":[{"organism":"PromoSimple.Text","color":"brand1","colspan":10,"colstart":2,"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section_761750002/text","model":{"text":"\u003Cp\u003E\u003Cb\u003ENever\u003C/b\u003E rush into a decision about your pension.\u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003EDon’t be seduced by promises of a guaranteed investment return\u003C/b\u003E – they don’t exist\u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003ESpeak to a regulated financial adviser\u003C/b\u003E before making any changes.\u003C/p\u003E\r\n\u003Cp\u003E\u003Cb\u003EReport suspicious activity\u003C/b\u003E to Action Fraud on their website: \u003Cb\u003E\u003Ca href=\"http://www.actionfraud.police.uk\" target=\"_blank\"\u003Ewww.actionfraud.police.uk\u003C/a\u003E\u003C/b\u003E\u003C/p\u003E\r\n"}},{"organism":"PromoSimple.Text","color":"brand1-solid","colspan":10,"colstart":2,"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section_761750002/text_copy_1114592416","model":{"title":"Protect yourself and your pension ","text":"\u003Cp\u003EThere are lots of resources available online to help you – a good place to start is the FCA’s ScamSmart website: \u003Cb\u003E\u003Ca href=\"http://www.fca.org.uk/scamsmart\" target=\"_blank\"\u003Ewww.fca.org.uk/scamsmart\u003C/a\u003E\u003C/b\u003E\u003C/p\u003E\r\n"}}],"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section_761750002","model":{"title":"How to stay safe"}},{"organism":"Container.Section","color":"inherited","children":[{"organism":"PromoSimple.Text","color":"brand1-subtle","colspan":10,"colstart":2,"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section_699194400_co/text_copy","model":{"text":"\u003Cp\u003EIf you think you might have been targeted by a scammer, don’t panic. Start by reporting it to the FCA: go to their website, \u003Cb\u003E\u003Ca href=\"http://www.fca.org.uk/contact\" target=\"_blank\"\u003Ewww.fca.org.uk/contact\u003C/a\u003E\u003C/b\u003E, for details of how to get in touch and what will happen next.\u003C/p\u003E\r\n"}}],"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section_699194400_co","model":{"title":"Reporting a suspected scam"}},{"organism":"Container.Section","color":"brand1-subtle","children":[{"organism":"PromoCard","color":"brand1","colspan":4,"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section_374582528/promo_copy","model":{"title":"Comment from the Fund Actuary","links":[{"value":"https://pensions.shell.co.uk/source/socpf/funding-news/comment-from-the-fund-actuary.html"}],"image":{"src":"https://pensions.shell.co.uk/source/socpf/trustee-news/beware-of-overseas-transfer-scams/_jcr_content/root/main/section_374582528/promo_copy.shellimg.jpeg/1760482967085/greg-tucker.jpeg","alt":"Greg Tucker","width":3840,"height":2160}}},{"organism":"PromoCard","color":"brand1","colspan":4,"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section_374582528/promo_copy_copy","model":{"title":"SOCPF funding position","links":[{"value":"https://pensions.shell.co.uk/source/socpf/funding-news/socpf-funding.html"}],"image":{"src":"https://pensions.shell.co.uk/source/socpf/trustee-news/beware-of-overseas-transfer-scams/_jcr_content/root/main/section_374582528/promo_copy_copy.shellimg.jpeg/1760482985155/windmill-in-a-field.jpeg","alt":"Windmills for wind power generation","width":3840,"height":2160}}},{"organism":"PromoCard","color":"brand1","colspan":4,"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section_374582528/promo_copy_112974839","model":{"title":"A Message from Ian Robertson","links":[{"value":"https://pensions.shell.co.uk/source/socpf/trustee-news/a-message-from-ian-robertson.html"}],"image":{"src":"https://pensions.shell.co.uk/source/socpf/trustee-news/beware-of-overseas-transfer-scams/_jcr_content/root/main/section_374582528/promo_copy_112974839.shellimg.jpeg/1760482996456/ian-robertson.jpeg","alt":"Ian Robertson","width":3840,"height":2160}}}],"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main/section_374582528","model":{"title":"You may also be interested in"}}],"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content/root/main","model":{}},{"organism":"Container.Footer","children":[{"organism":"Breadcrumb.Large","model":{"links":[{"name":"Home","value":"https://pensions.shell.co.uk/"},{"name":"Welcome to the Source","value":"https://pensions.shell.co.uk/source.html"},{"name":"SOCPF","value":"https://pensions.shell.co.uk/source/socpf.html"},{"name":"Trustee news","value":"https://pensions.shell.co.uk/source/socpf/trustee-news.html"},{"name":"Beware of Overseas Transfer 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pension.","links":[{"name":"canonical","value":"https://pensions.shell.co.uk/source/socpf/trustee-news/beware-of-overseas-transfer-scams.html"},{"name":"errorUrl","value":"https://pensions.shell.co.uk/error.html"},{"name":"hierarchy","value":"en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams"},{"name":"homeTitle","value":"Shell Pensions in the UK"},{"name":"homeUrl","value":"https://pensions.shell.co.uk/"},{"name":"locale","value":"en-GB"},{"name":"title","value":"Beware of Overseas Transfer Scams | Shell Pensions in the UK"},{"name":"textDirection","value":"ltr"},{"name":"template","value":"base"},{"name":"contentPath","value":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams"},{"name":"externalDisclaimerText","value":"Shell plc Legal Disclaimer\r\nYou are now leaving the Shell global website.\r\nThe link you have selected will direct you to a website that is not controlled by Shell plc or any member of the Shell Group. Accordingly, neither Shell plc nor any member of the Shell Group endorses, adopts, certifies or otherwise validates the information and material contained on the linked website. This includes its sponsor and any policies, activities or services offered on the site, by any advertiser on the site or linked to the site.\r\nThank you for visiting the Shell global website."},{"name":"themeMode"},{"name":"lastModified","value":"2025-10-14T23:07:42.165Z"},{"name":"themeName","value":"base"},{"name":"themePath","value":"/etc.clientlibs/amidala/clientlibs/theme-base"},{"name":"themeCss","value":"/etc.clientlibs/amidala/clientlibs/theme-base.ACSHASHb291465fc8d3c7bcefde74d34044b698.css"}],"image":{"src":"https://pensions.shell.co.uk/source/socpf/trustee-news/beware-of-overseas-transfer-scams/_jcr_content/root/metadata.shellimg.jpeg/1760483262156/scpf-pension-news-guard-against-scams.jpeg","alt":"Man using laptop and phone","width":3840,"height":2160}},"id":"/content/shell/business/pensions/en_gb/source/socpf/trustee-news/beware-of-overseas-transfer-scams/jcr_content"}
