LoginNuisance pension calls banned
Legislation designed to crack down on nuisance calls about pensions has come into force
Posted 10 January 2019 | JoTS Online
Content Tags: Updates|Crime|National
UPDATES: New legislation banning nuisance pension cold calls aims to protect consumers from high-pressure approaches and scams, particularly where retirement savings are placed at risk by unwanted contact.
From January 9, it is illegal to make unwanted or unsolicited calls to people regarding their pensions, and offenders may face fines of up to half a million pounds.
The government has taken action on the issue in response to the harm caused by pension fraud – according to the FCA, pension scammers stole on average £91,000 per victim last year. Research conducted by the Money Advice S...
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