Keeley Paddon: Pension scam cold-callers - we've got your number

In December 2016, HM Treasury and the Department for Work and Pensions (DWP) launched a joint consultation to consider the options for preventing the pension scams that have long been the bane of the pensions industry. The consultation - which runs until 13 February 2017 - proposes a multi-pronged approach to tackle the threat of pension scams, including: * An outright ban on ‘cold calling' in respect of pensions, to be enshrined in primary legislation; * Restricting the circumstances in which an individual will have a statutory right to transfer their pension benefits; and * Maki...