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Cold calling for investment and pensions should be banned

Submitted on Friday 29th July 2016

Rejected on Wednesday 3rd August 2016

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Cold calling for investment and pensions should be banned

Petition Details

Cold calling on investments and pensions to members of the public often leads to unregulated investments and scams. Banning cold calling would dramatically reduce the number of people falling prey to fraudsters and losing their savings and pensions.

Additional Information

Fraudsters often rely on cold calling members of the public to entice them with promises of high guaranteed returns on investments and pensions. Invariably these calls lead to unregulated investments and fraudsters where people will lose their money.

Banning cold calling will cut the life blood to the fraudsters and make it more difficult for them to reach vulnerable members of the public.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

We think these petitions are very similar to the one which you submitted:

petition.parliament.uk/petitions/124054

petition.parliament.uk/petitions/163085

Have your say on this petition!

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