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Fraud Crackdown and Is Cash King?

Money Box

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Navigating Fraud Reimbursement Changes

This chapter explores recent regulatory changes by the Payment Systems Regulator that have significantly increased the reimbursement rates for victims of fraud. Highlighting a rise from 68% to 86% in reimbursement efforts, the discussion provides personal insights into the emotional impact of fraud experiences while questioning the adequacy of current consumer protections. Additionally, it examines the investment strategies of UK pension funds amidst these changes, reflecting cautious optimism over potential returns and emphasizing the importance of diversification.

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