Pension sharks target steel workers at factory gates: Rogue advisers travel 350 miles to dupe employees out of thousands of pounds

Rogue financial advisers have been making 700-mile round trips to lure steelworkers into transferring their pension funds at the factory gates.
Pension sharks have been enticing workers in Port Talbot with ‘chicken in a basket’ suppers in the hope of getting a slice of their nest eggs.
So dire is the situation that the City watchdog has even sent staff to the town to monitor the behaviour of salesmen. 
The steelworkers have been targeted following changes to the British Steel Pension Scheme that were made to save their jobs.
Port Talbot-owner Tata Steel inherited the scheme and needed to... read more

30 November 2017 in Business, Views: 64
Source: Daily Mail

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