Govt launches second consultation on pensions cold-calling ban

Defining this process as a ‘technical consultation', the government said it hoped to put the final regulations before both Houses of Parliament in the autumn. The government has already drafted various regulations on banning pensions cold calling from a previous consultation. So far, these include a ban on all pensions cold calling, except when an individual has given specific consent to receiving marketing calls on pensions, or the recipient of the call has an existing client relationship with the caller. Additionally, only firms regulated by the Financial Conduct Authority would hav...