Dont take that call

The financial services regulator the Financial Conduct Authority has launched a new tool called Scamsmart to alert people to the dangers of investment scams.

Over the past year, it has issued almost 300 warnings to consumers and has closed down over 60 websites run by scam operators.

The key message is not to accept cold calls from people trying to talk about investment: they are breaking the law, which is a poor starting point for any conversation.