MP praises Operation CHIVE advisers in parliament

Hopes to attract cross-party support

Hannah Godfrey
clock • 2 min read

Liberal Democrat MP for Eastbourne and Willingdon Stephen Lloyd has tabled an Early Day Motion in the House of Commons thanking the financial advisers behind Operation CHIVE.

CHIVE, short for ‘Counselling Help Information Volunteer Exchange', is a pro-bono initiative that offered guidance to British Steelworkers who had been affected by poor pension advice given by unscrupulous advisers.  Lloyd's motion asked the House of Commons to "thank the group of financial advisers who travelled from across the country to give their time and knowledge freely to the steelworkers of Port Talbot to help avoid pension mis-selling". Lloyd (pictured) added: "It is my pleasure to table this motion, and I hope it attracts support from across the political spectrum. "Polit...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

The banks are back: What does this mean for advisers?

The banks are back: What does this mean for advisers?

Banks ‘uniquely positioned’ to provide advice to mass market

Sophia Panayi
clock 24 August 2026 • 6 min read
Social media investment advice leaves investors out of pocket - research

Social media investment advice leaves investors out of pocket - research

Over half who acted on social media financial advice regretted it

Isabel Baxter
clock 21 August 2026 • 3 min read
New sexual harassment duty: Can adviser firms show they've taken 'all reasonable steps'?

New sexual harassment duty: Can adviser firms show they've taken 'all reasonable steps'?

'Employers will be expected to take all reasonable steps'

Emily Bradshaw
clock 19 August 2026 • 4 min read