Cold calling remains a problem

Marketing cold calling remains a problem, despite new regulations in force since September.

The rules say that no one should be called unexpectedly.

Despite that, the Financial Market Supervisory Authority says they’ve had more than 160 reported to them and they have identified 350 individuals or companies offering illegal health insurance advice.

Experts say there are two main reasons the calls haven’t stopped, firstly they’re highly lucrative – commissions on bringing in a new client could be as much as 16 months of premiums.

And secondly, many of the call centres are based abroad – which makes fining them difficult. 

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