The government has confirmed the long-awaited ban on pensions cold-calling will now be delayed until Autumn.
In May, the Financial Guidance and Claims Bill - the law which introduced provisions for a ban on pension cold-calling - received Royal Assent but final regulations enabling the ban, due to be in place this month, are still to be put before parliament.
HM Treasury now says it will consult further on "technicalities" in relation to the ban and the regulations will not be laid until the Autumn.
In response to questions from platform provider AJ Bell, HM Treasury said: "We're committed to introducing a ban on pensions cold-calling as quickly as possible.
"Following debates in parliament, and having considered evidence from the industry, we will launch a short consultation on the draft legislation to ensure it is as effective and robust as possible. We intend to lay the required regulations before parliament this Autumn."
Commenting on the delay, Baroness Ros Altmann said "it is extremely disappointing to see that even this will not happen on time", especially after having worked hard to try to get a ban on cold calling into the Bill.
"The need for a ban is widely recognised. The sooner cold-calling for pensions is outlawed, the sooner people will be better protected against being scammed and losing their life savings," she said.
Royal London director of policy Sir Steve Webb agreed: "It is deeply disappointing that there is now going to be yet more delay.
"With every passing day yet more people are being scammed… we don't want a statement from the government telling us how difficult it is - we want action and action now."
AJ Bell senior analyst Tom Selby added: "We have been waiting almost two years for the government to back up its tough talk on tackling pension scammers with action."
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