Better education needed to combat pension scams - TISA

'Government campaigns can work'

Hannah Godfrey
clock • 2 min read

Moves to ban cold-calling have been well-intentioned but further educating consumers on how to spot fraudulent activity is a better form of defence, according to Adrian Boulding.

While the Tax Incentivised Savings Association (TISA) strategy director said he is a supporter of the government's proposed cold calling ban, he argued the measure does not have a broad enough scope to eliminate the practice entirely. "A lot of the cold calls come from outside of the UK," he explained. "If they [scammers] are sat in a foreign office outside the UK, then there's nothing the government can do to stop them making cold calls. "We must work with the government to build increased public awareness to help people understand how to spot scams. We know sustained government camp...

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

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Sounding the alarm: Facing the retirement reality check

Sounding the alarm: Facing the retirement reality check

'At the heart of the issue is a worrying lack of engagement'

Laith Khalaf
clock 17 June 2025 • 3 min read
Why we plan holidays, not retirements: Changing the client conversation

Why we plan holidays, not retirements: Changing the client conversation

'This is scary for us as an industry but even more scary for us as a nation'

Verona Kenny
clock 04 June 2025 • 4 min read
Inflation drives 'modest' rises in PLSA's Retirement Living Standards

Inflation drives 'modest' rises in PLSA's Retirement Living Standards

Majority of pre-retirees expect to live with someone else in retirement

Martin Richmond
clock 03 June 2025 • 8 min read