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Daily Mirror
Daily Mirror
Business
Sam Barker

P&O workers losing their jobs warned of risk that could wipe out pension pots

PO FCA MAPS PO Ferries TPR

Laid-off P&O Ferries workers are being urged not to make risky decisions that could slash the amount of cash they retire on.

Last month P&O Ferries laid off hundreds of employees over video call, with remaining staff ordered off the boats with just a few minutes notice.

Some of the laid-off staff are now at risk of making decisions about their pension that could hit them in the pocket, according to the Financial Conduct Authority (FCA) regulator.

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