Cold-calling ban criticised over 'slow' timeframe

Consultation response published today

Victoria McKeever
clock • 3 min read

Proposed measures to tackle cold-calling and pension scams, published as part of a government consultation response, have been criticised for their slow implementation timeframe.

The Treasury today published its response to the consultation on cold-calling and pension scams. Over the weekend the government confirmed it would go ahead with its crackdown on cold-calling, including the implementation of a ban on calls, emails and text messages. Royal London director of policy Steve Webb said: "With regard to cold-calling, the consultation says only that the government will be working on the details for the rest of this year and will then legislate 'when Parliamentary time allows'.    "With people being scammed every day, this is much too slow. Even if a measure i...

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

The FCA's decumulation challenge: Can UK REITs help deliver sustainable retirement income?

The FCA's decumulation challenge: Can UK REITs help deliver sustainable retirement income?

A look at the three Ss of retirement income

James Peel
clock 04 August 2026 • 7 min read
What the decumulation shift means for advice firms, and how the best are responding

What the decumulation shift means for advice firms, and how the best are responding

'Technology is part of this picture in ways that are worth being honest about'

Andy Zanelli
clock 14 July 2026 • 4 min read
Millions make retirement trade-offs to fund children and grandchildren's university costs

Millions make retirement trade-offs to fund children and grandchildren's university costs

Includes many delaying retirement

Jen Frost
clock 03 June 2026 • 3 min read