Former pensions minister Ros Altmann has launched a scathing attack on a US firm over its involvement in the Aviva scandal. Altmann, a vocal advocate for consumer rights, took to social media to express her outrage at the incident, claiming that her 'blood is boiling'.
The Aviva scandal has left thousands of UK pensioners facing financial uncertainty, with many fearing that their life savings are at risk. Altmann has long been a critic of the Financial Conduct Authority (FCA), the UK's financial regulator, for its handling of the crisis.
In a statement, Altmann called on the FCA to take immediate action to protect the rights of UK pensioners. She urged the regulator to investigate the US firm's role in the scandal and take disciplinary action if necessary.
The FCA has yet to comment on the matter, but the pressure is mounting on the regulator to take decisive action. Altmann's comments are likely to add to the growing chorus of voices calling for greater accountability from the FCA.
The Aviva scandal has significant implications for the UK's pension system, with many experts warning that it could have far-reaching consequences for the long-term financial security of UK citizens.