Earlier this year, a change in the law made cold calls about pensions in certain circumstances illegal.
David Clancy, ICO Enforcement Group Manager, said: “The law now offers greater protection for people troubled by cold calls about their hard-earned pensions. This includes a ban on certain types of calls being made in relation to pensions.
“Today’s search and our investigation should serve as a warning to business owners that they must follow the law.”
The new rules surrounding live marketing calls in relation to pension schemes state that:
- Calls can only be made by a firm or person authorised by the Financial Conduct Authority, and
- Calls can only be made by the trustees or managers of a pension scheme to which the person being called is a member, or
- The person being called had previously consented to being called by that company.
Article originally published on PrivSec:Report
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