Campaigning IFA launches anti-cold calling website

Campaigning IFA launches anti-cold calling website

A Debryshire-based campaigning IFA has today (4 November) launched an anti-cold calling website in a bid to secure support for a petition and raise awareness of the dangers surrounding cold calls.

On 23 September this year, Darren Cooke of Red Circle Financial Planning launched a parliamentary petition calling for a ban on all cold-calling related to pensions or investments.

The petition, which has attracted almost 6,500 signatures, began with the mandatory sponsorship of five prominent financial planners, and has gained momentum as providers began backing it.

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The petition needs to gain 10,000 signatures by mid-March to secure a parliamentary debate.

The website, which is called BanColdCalling, launched at 1pm today (4 November), includes basic information about the campaign and highlights businesses who have supported the campaign.

It also has a link to the petition, and was built for no fee by Code Potato to aid the campaign.

On Tuesday (2 November), the government said it will announce a new policy on cold-calling to tackle pension scams, following the launch of a parliamentary petition to ban the practice.

Speaking during the second reading of the Pension Schemes Bill, Conservative peer and government spokesperson George Young said an announcement was due on the matter in a few weeks.

Mr Cooke told FTAdviser: "There are suggestions the government is working on something already but I don't think it is time to start celebrating yet."