Unregulated introducers slip through cold-calling cracks

A letter from economic secretary to the Treasury John Glen to Work and Pensions Committee chair Frank Field published today has confirmed introducers would still be able to approach potential customers in person. "Cold calling is by far the most common method used to initiate pension fraud, and therefore we believe that banning cold calling on pensions is the most effective route to tackling scams," Glen wrote. His letter confirmed the government's plans to ban the in-person approach but gave no indication as to when that may happen.  The letter was responding to Field's concerns, ...