More than £40m lost from steel workers' pensions

A rogue financial advisor has lost more than £40m of steelworkers' cashMore than £40million of steelworkers' cash was shunted out of the British Steel pension fund into risky investments by a rogue adviser, it has been revealed.Documents published yesterday showed that Active Wealth, a West Midlands-based financial adviser, transferred more than 100 staff out of their gold-plated pensions into riskier investment funds. Active Wealth has now been banned from taking on new pension busines...