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Companies that make unwanted, unsolicited phone calls to people about their pensions may face enforcement action, including fines of up to half a million pounds, from the 9th January.

The government has introduced a ban on cold calling. For more details, read this article.

This is welcome news as they have tended to affect the more vulnerable amongst us.

According to the FCA, pension scammers stole on average £91,000 per victim last year.