Cold-calling ban will be in place by 2020, minister confirms

Confirmed by Stephen Barclay

clock • 3 min read

A ban on pensions cold-calling will be in place before the start of the next decade, a Treasury minister has told the Work and Pensions Committee (WPC).

The ban, which was announced in the 2016 Autumn Statement and confirmed this summer, will be put to parliament and the public for consultation via draft legislation next year. It will prohibit phone calls, text messages and e-mails regarding pensions from firms to which an individual does not have a prior connection. The timetable was confirmed by economic secretary to the Treasury Stephen Barclay, although he refused to provide a steadfast date, stating he did not want to make a commitment that "are often not kept" by politicians. Giving evidence to the WPC's inquiry into the pens...

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