I was interviewed on Channel 4 News about the unscrupulous and opportunistic financial advisers providing steelworkers with poor financial advice and ripping them off. I called for a crackdown on these vultures and that the Financial Conduct Authority the powers to crack down on these fraudulent pension advisers.

We need better regulation to stop fraudulent pension advisers from ripping off steelworkers & pensioners, as the regulator doesn’t have enough teeth to crack down on these evil vultures. Unless the regulations have proper teeth and the regulator has more power, we won’t be able to crack down on scandalous attempts by fraudulent pension advisors to rip off steelworkers and pensioners.