Stephen Barclay

A ban on pensions cold-calling will be in place before the start of the next decade, a Treasury minister has told the Work and Pensions Committee (WPC).

The much-anticipated ban on pensions cold-calling will be presented to parliament in "early 2018", the government has confirmed.

The government has announced it will press ahead with "tough" measures to protect pension savers as figures reveal almost £5m was lost to scammers between January and May this year.