Crooks will always target pensions - that's a given - but that should not deter us from applauding the significant progress made this week in tackling scammers with a new law banning pension cold calling.

Experts have hailed the onset of a ban on pensions cold calling which came into force today.

The number of consumers taking action over concerns they have been hit by a pension scam - or are at risk - has rocketed following an FCA and TPR-backed campaign.

As the joint FCA/TPR ScamSmart campaign kicked off yesterday the regulator posted a tweet of a would-be scammer living the high-life on a jet-ski.