Altmann urges MPs to back 'beefed up' cold-calling amendments

The House of Commons is to vote this afternoon on two amendments to the bill that were suggested by the Work and Pensions Committee last December. Altmann said the vote gives MPs the opportunity to "improve consumer protection properly". The first amendment would require the government to introduce a ban on pension cold-calling by June 2018 at the latest, rather than allow a ban to be contingent on the formation of the Single Financial Guidance Body. The second change would lead to the creation of a "guidance by default" provision that ensures individuals either receive or expressly r...