Peters diagnosed with leukaemia

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In 2005, Peters discovered that he was suffering from chronic lymphocytic leukaemia. At this time, he started a cancer foundation called Love Hope Strength to help with the fight against cancer. In October 2007, Peters, along with 38 other musicians, cancer survivors and supporters, made a 14-day trek to the base camp at Mount Everest to perform the highest concert on land to raise awareness and money to fight cancer. Other musicians included Cy Curnin and Jamie West-Oram of The Fixx , Glenn Tilbrook of Squeeze , Slim Jim Phantom of The Stray Cats and Nick Harper . Peters is the co-founder of The Love Hope and Strength Foundation with fellow leukemia survivor James Chippendale , CEO of Ascend Insurance Brokerage in Austin, Texas.