Nigel Farage Paid £400,000 to Promote Gold Pensions
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Reform UK leader Nigel Farage is facing criticism for a lucrative second job advising people to buy physical gold for their pensions.
He is paid £400,000 per year by the company Direct Bullion. This is more than four times his salary as a member of parliament. The role requires about four hours of work each month.
In videos for the company, Farage promotes the idea of holding physical gold—the actual metal—in pension savings plans. Financial experts warn that this type of commodity investment is high-risk and not suitable for most people saving for retirement.