On Sunday 20 August, the Government has announced a ban on all forms of pension cold calling, including emails and text messages.
Citizens Advice has previously called for the ban after its own research found that as many as 10.9 million people received unsolicited calls, emails and texts about their pensions in 2016 alone.
Welcoming the ban, Gillian Guy Chief Executive of Citizens Advice, said:
“Introducing an outright ban on pension cold calls will help protect people’s life savings.
“Pension scams can rob people of tens of thousands of pounds, ruin their retirement plans and threaten their financial security in the long-term.
“Banning unsolicited calls - a move Citizens Advice has been calling for - will make it much easier for people to spot a pension scam, and should put fraudsters off making contact out of the blue in the first place.”
Notes to editors