“Do Not Call List” regulations came into force in Canada at the end of September 2008, and have affected the way many Canadian advisors conduct business. Phone calls to prospects, even those to whom a personal, even written, referral has been made, are outlawed unless the recipient of the phone call has given express oral or third party-verifiable written permission to be contacted by phone.
I consider this to be the most significant threat to our business and to our industry that we have ever encountered.
Members I had the pleasure of meeting at this year’s absolutely fabulous Annual Meeting in Toronto commiserated with me, as this legislation has also become an issue in the United States. Through this MDRT Blog, I am hoping I can find assistance and/or suggestions from fellow members, not only in the United States, but worldwide.
How have the regulations affected your business, and how are you making up for this lost contact medium?