Published in Personal Finance, 26 March 2016. By Lorraine Kearney.
Read it here Beneficiary fraud a headache for trustees
“We use multi-factoral authentification, but no steps are foolproof. Ultimately, more layers will be added to the process – as syndicates become aware of a new layer and how to defraud it, we need to add another one.” David Hurford, Director, Marketing and Consulting, Fairheads Benefit Services