Cold calling scammers target expats after the ban in UK – BBC4 You and Yours Every year we are seeing an increase in the number of victims falling for pension and investment scams. Despite warnings in the public domain and a huge array of information about how to avoid falling victim to a scam, it seems the scammers are so skilled at their sales techniques, that even the cleverest of people can fall for their slick pitches. Often the scammers use cold-calling techniques to initiate these pitches: using emails, texts, mail shots and the good ol’ phone. We finally saw the introduction of the cold calling ban come into place in January 2019, with huge fines being threatened to firms using these techniques to promote pension sales. We have already written about the firms who have changed their scripts to escape the fines: Cadde Wealth Management is one of these firms. On top of this, we now find that the cold-calling ban has just encouraged the scammers to divert their efforts to British expats. BBC4 You and Yours recently discussed how the cold-calling ban in the UK has seen a change in the scammers’ behaviour. Unfortunately, this is not a change for the better. As the ban only applies to the UK, scammers are targeting expats instead. This means UK pension holders are still the main target for pension scammers and are at greater risk than ever. Read the fill blog here - https://pension-life.com/cold-calling-scammers-target-expats-after-the-ban-in-uk-bbc4-you-and-yours/ #pensionlife #pensionscam #costascam #pensionscammers #torture #expat #Britishexpat #britsinspain #chiringuitos #salestechniques #ban #targets #diver #publicdomain https://www.instagram.com/p/BuLwUhAhkmT/?utm_source=ig_tumblr_share&igshid=1vs1aziger94m
