The information watchdog is to investigate claims pension data is being sold to fraudsters and cold-callers for as little at 5p without consent, according to reports.
The Daily Mail states millions of people’s pensions data is being sold to third parties ahead of pensions freedom on 6 April. The Information Commissioner’s Office said the reports were “very worrying”, adding it would speak to financial services regulators and the police. The Daily Mail states millions of people’s pensions data is being sold to third parties ahead of pensions freedom on 6 April. The Information Commissioner’s Office (ICO) said the reports were “very worrying”, adding it would speak to financial services regulators and the police. The Daily Mail revealed its...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes