Advisers back cold-calling ban to tackle pension scams

Provider AJ Bell suggested a blanket ban on cold calls earlier this month. It said the government should legislate to ban cold-calling, one of the most common ways in which scammers approach their victims. Rowley Turton Chartered financial planner Scott Gallacher backed the idea of a complete ban on cold-calls. He said a ban on cold-calling should be one of the central areas of focus for regulators and the government in the fight to stop people falling victim to pension scams. He also suggested introducing compulsory advice requirements when people want to transfer pension cash to ...