Alan Chan's comment that people "feel a bit disconnected" from their pension money is well observed. 

Now that investors can access their pension pots they are looking to secure a higher return than is offered through conventional means. This can result in behaviours such as investing in high-risk unregulated investments, or leave investors susceptible to fraudsters who are more than happy to relieve them of their funds.

The protections proposed in this article (director disqualification, better classification of unregulated investments, a ban on cold calling) will do nothing to stop fraudsters from operating in this market. What is the solution? Education, for one. Further regulation?