The upcoming Financial Guidance and Claims Bill will not include the pensions cold calling ban, the Department for Work and Pensions has said.
Responding to a request from former pensions minister Baroness Ros Altmann in the House of Lords last night, DWP representative Baroness Buscombe said the government planned to publish a consultation "shortly" that looked at ways to tackle pension scams, including cold calling.
"As such, we do not propose to include a cold-calling ban in the bill at this time," she said.
Altmann had asked the Lords to include the ban on pension cold calling in the bill.
She said it was an issue she felt "so strongly about", adding: "It is important we can give the public the message that if someone cold calls them about their pension, they are breaking the law, so just hang up."
Last year Red Circle Financial Planning chartered IFA Darren Cooke had started a petition that called for "cold calling by phone or email for investment or pensions to be made illegal".
The petition quickly received backing from pension providers and a consultation on how to prevent pension scams was outlined in the Autumn Statement.
Cooke said he was "a little disappointed" to hear the ban wouldn't feature in the bill, although he said he'd rather see "good legislation that's enforceable than something that gets forced through that isn't as robust as it needs to be."
At the same time he expressed frustration that the ban was taking a long time to become legislation, pointing out the consultation had ended some five months ago and the government response had been expected in May.
"The longer it's delayed, the more people are being ripped off and scammed," he said.
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