Pension cold-calling ban to include texts and emails

Pension cold-calling ban to include texts and emails
 

A forthcoming ban on cold-callers who try to scam people out of their pension savings will include emails and texts, the government has announced.
Nearly 3,000 savers have been conned out of an average of £15,000 each since 2014, after fraudsters persuaded them to cash in their pensions.
Certain types of cold calls, including those involving mortgages, are already banned.
Now the law will be changed to include callers trying to sell pensions.
Companies that do not have prior permission to contact consumers, or do not have an existing client relationship with them, will face fines of up to... read more

 
20 August 2017 in Regional, Views: 75
Source: BBC
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