Thousands of UK pensioners, including victims of the now-infamous John Pye financial scam, are still fighting for justice. These individuals—honest, hard-working savers—trusted the system to safeguard their retirement funds. Instead, they were led into a labyrinth of fraud, mismanagement, and institutional cover-up that continues to this day.
The Financial Conduct Authority (FCA), alongside other UK regulatory bodies, was entrusted to protect these pensioners. Yet time and again, they’ve refused to engage, declining face-to-face meetings and offering only generic, dismissive statements, even when presented with clear evidence that their historic decisions were flawed.
A Pattern of Betrayal
What’s emerging is a disturbing pattern: failed Self-Invested Personal Pension (SIPP) operators collapsing into administration, trustees shirking fiduciary responsibilities, and insolvency practitioners executing pre-pack deals that leave pensioners powerless and out of pocket. In several cases—Hartley Pensions, Berkeley Burke, Greyfriars, and others—assets worth billions have been shuffled between companies without advance notice to the pensioners themselves.
The regulators’ silence is deafening. Despite being fully aware of the malpractice, including documented money laundering linked to high-level administrators and their advisers, the FCA appears more concerned with protecting its own reputation than with safeguarding pensioners’ futures.
Where Is the Accountability?
Let’s be clear: pension trustees are legally bound to act in the best interests of their scheme members. Instead, many have betrayed this duty, while those meant to oversee them—the FCA, the Insolvency Practitioners Association (IPA), and other watchdogs—have closed ranks. The result? Pensioners left in economic limbo, battling for access to their own savings while those responsible evade scrutiny.
The scale of this crisis rivals other recent UK scandals. And yet, despite tireless campaigning, including direct appeals to Parliament and extensive legal submissions, the stonewalling continues.
A Call for Justice
What’s needed now is public pressure. This is about more than one group of victims—it’s a test of whether we, as a society, will tolerate a system that enables corporate actors to plunder retirement savings, with regulators standing idly by.
We call on investigative journalists, MPs, and every citizen concerned with fairness and justice to shine a light on this scandal. We demand that the FCA and IPA answer the serious questions raised:
- Why have they repeatedly refused to meet victims in person?
- Why have they allowed a “template of operations” that facilitates the rapid offloading of pension liabilities without member consent?
- What steps are they taking—if any—to hold malfeasant trustees and their advisers accountable?
Conclusion:
Pension funds are the bedrock of financial security. Their abuse is a betrayal not just of individual savers but of the public trust. We stand with the victims in calling for full transparency, restitution, and an overhaul of the system that allowed this to happen.
Silence is no longer an option.
🙌 Stand With Ian. Speak the Truth. Spark the Change.
Ian Davis fought not just for himself, but for all of us.
If you’ve been affected by financial crime, or if you believe no one should ever suffer in silence—share this story.
Raise awareness. Demand reform. Reclaim your power.
- 🔗 Share this post with someone who needs to read it.
- 📣 Join the movement to unmask the robbers and rebuild lives.
- ✍️ Leave a comment to honour Ian or share your story.
- 🤝 Volunteer or collaborate with the Academy of Life Planning or Transparency Task Force.
🕯️ Let’s make sure no voice like Ian’s is ever silenced again.
Your Money or Your Life
Unmask the highway robbers – Enjoy wealth in every area of your life!
By Steve Conley. Available on Amazon. Visit www.steve.conley.co.uk to find out more.
Academy of Life Planning 