Over half worried about cold calling ban delay

Written by Jack Gray
05/09/2018

Fifty-three per cent of people are worried about the governments delay in implementing a cold calling ban, according to a recent study by Aegon.

Furthermore, 9 in 10 (91 per cent) people had received cold calls, while over a quarter (28 per cent) of people have been offered a free pension review from cold callers in the past three years.

Over half have also been approached by email (59 per cent) and text (53 per cent).

Aegon head of pensions, Kate Smith, commented: “The offer of a free pension review, can sound harmless but it’s a method commonly used by scammers to trick people into giving personal and financial information. The mention of those three little words, should immediately have alarm bells ringing.”

Recently, the government has put a planned ban on cold calling on hold and this had led to some concern from the public.

In addition, 69 per cent think a delay leaves them or their family unprotected.

Smith continued: “The government’s cold calling ban, which will also cover text messages and emails, can’t come quickly enough.

“The intention to ban pension cold calling was first mentioned over two years ago, but every month that passes means more people’s pensions are at risk from scammers, intent on separating people from their lifetime savings.”

Last month, the Liberal Democrat’s spokesperson for work and pensions, Stephen Lloyd, blasted the government over its failure to implement a cold calling ban, especially in light of new figures on pension scams.

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