The pension cold calling ban is here. Consumers, regulators and police officers alike should celebrate.
For several months now, we have talked about our commitment to change as a regulator – to be clearer, quicker and tougher.
The Facebook data scandal has got a lot of people thinking for the first time about what we share with organisations and how it will be used.
You know you’re on the side of right when everyone agrees. It doesn’t happen often. But the government’s move for a swift ban on pension cold-calling is one of those times.
Next year threatens to be a chastening one for those making their fortune from pension scams – if we all do our bit.
The theory of evolution states that evolution happens by natural selection.
Let’s not mince words, scamming is a criminal activity. And let’s also be honest that the theft of consumers’ pension savings has proved hard to prevent under the current legislative and regulatory framework.
I’m Darren Ryder, and I head up the case management section of our automatic enrolment team.