Fraud and Financial Wellbeing

4 items found

25 Apr 2023

Investment scams remain prevalent as rise in living costs sees people taking greater risks

  • One in four willing to take more financial risks during cost-of-living crisis
  • Six in ten would agree to invest if they were told they could double their money in a year
  • Nationwide data shows investment scams accounted for 36% of all cases in 2022, with £5K average claim
  • Society data shows South East investment scam hot spots – Kent, London, Essex – recorded most victims
  • Nationwide urges members to contact its dedicated Scam Checker Service if in any doubt about an investment

09 Jan 2023

Women half as likely as men to have identity stolen due to not oversharing personal details

  • Just 11% of women have had their identity stolen compared to 23% of men
  • Women more likely to protect social media but less likely to have friends they’ve never met and share details
  • More than two thirds of people worried about having identity stolen while 17% have been victims
  • 70% share personal details on social media profiles and 22% of profiles can be viewed by anyone
  • 7% never check bank statements for suspicious transactions and 24% never check credit files

21 Dec 2022

All wrapped up: Four in ten households to put heating on all day as a special Christmas treat

  • 38% of people will have heating on all day December 25 compared to just 15% for New Year’s Day
  • Households expect to pay average £212.40 more on energy bills this December versus 2021
  • 60% of households have heating on less than four hours a day as temperatures plummet
  • Nationwide urges members struggling financially to contact its dedicated cost-of-living helpline

28 Nov 2022

Nationwide partners with Independent Age to give additional support to older scam victims

  • New partnership to help the c15% of older members who lose life-changing amounts to scams
  • A quarter of scam victims are over 65, with this group most likely to fall for impersonation scams
  • An expanded helpline service at Independent Age will give support to scam victims
  • Society to sponsor charity’s Scamwise leaflet to help raise awareness of scams

4 items found