The UK's pensions minister has urged the public not to trust Google.

Google

Google

Guy Opperman has issued a warning to the public and accused the tech giant of dragging its feet over pledges to vet its advertisers.

He told The Times newspaper: "One of the biggest companies on the planet needs to either change its ways or be legislated against to ensure it does."

The minister has also accused Google - which owns YouTube - of profiting from from people who promote investment scams.

Reflecting on the problem, he explained: "Google is winning two ways because the fraudsters are advertising with them and [Google] takes the money and then the real companies are having to advertise and it takes the money.

"And of course the member is paying all of this extra advertising and the charges ... because if you hold a pension and the costs of the pension provider includes the safety and the security, the charges have got to be met somewhere.

"Pension scams are a significant problem and they affect all of our mums and dads, whose hard-earned savings are taken. Clearly this is affecting all savers, but in particular there are those pensioners who are making investments into cloned investment sites that are really being targeted by callous crooks who are taking their money. Google needs to stop it."