PIMFA Response to HM Treasury; Ban on Cold Calling for Consumer Financial Services and Products – Consultation and Call for Evidence

PIMFA Consultation Response to HM Treasury Ban on cold calling for consumer financial services and products - Consultation and call for evidence. While PIMFA is generally supportive of an outright ban, we would welcome a clear definition of what constitutes a client relationship and would further welcome clarity on the proposed wording of such a ban to ensure that legitimate attempts to communicate with existing clients who may not have a direct relationship with a firm are not inadvertently captured