Baroness Altmann – 2016 Parliamentary Question to the Department for Culture, Media and Sport
The below Parliamentary question was asked by Baroness Altmann on 2016-10-10.
To ask Her Majesty’s Government, in the light of the risk of pension fraud and scams, what are their reasons for not banning cold calling about pensions.
Lord Ashton of Hyde
We are determined to tackle the scourge of nuisance calls especially those of a fraudulent nature. Our efforts are focused on taking action against companies that are deliberating break the rules, rather than penalising legitimate businesses who comply with the law.
My Department is in conversations with Her Majesty’s Treasury and the Department for Work and Pensions on how best we tackle scams as a result of pensions cold calls.