Plans to ban pension cold calls

Plans to ban pension cold calls
 

Cold calls offering exotic investment opportunities to people cashing in their pension pots will be banned under government plans.
Ministers estimate eight scam calls are made every second to UK residents, leading to an annual loss of £19m.
Advice services and legitimate companies said such calls had "plagued" the pensions world for years.
The ban, which could be enforced with fines of up to £500,000, would not cover texts and emails.
However, the government will gather views on extending the proposed ban to all electronic communications.
The police already have powers to take... read more

 
19 November 2016 in Regional, Views: 61
Source: BBC
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