Cold calling ban added to Financial Guidance and Claims Bill

Trustees Agenda posted on 7 March, 2018

The Government has put forward amendments to the Financial Guidance and Claims Bill which incorporates measures for a ban on cold calls. The Bill is expected to be in place by June.

Further amendments have been made which require pension schemes to ensure that individuals are referred for guidance before gaining access to their pension savings, and that they have "either received appropriate pensions guidance or have opted out of receiving such guidance".