A UK ban on cold-calling to sell pensions will be extended to include emails and texts in an attempt to combat fraud. Photograph: Cold calls relating to mortgage sales are already banned. A government spokesperson said that introduction of the rules would depend on the availability of parliamentary time, meaning that regulations may not be in force for many months. Campaign group Fair Telecoms said the rules were insufficient and that a total ban on all unsolicited direct market calls should introduced.
A UK ban on cold-calling to sell pensions will be extended to include emails and texts in an attempt to combat fraud. Companies without existing relationships or prior permission to make contact could be fined up to £500,000 ($644,190). Cold calls relating to mortgage sales are already banned. A government spokesperson said that introduction of the rules would depend on the availability of parliamentary time, meaning that regulations may not be in force for many months. Campaign group Fair Telecoms said the rules were insufficient and that a total ban on all unsolicited direct market calls should introduced.