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British Steel compensation plans demand from PFS

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The FCA has been challenged by The Personal Finance Society (PFS) over their approach to compensating British Steel Pension Scheme (BSPS) members. The PFS has reported that the FCA’s assessment tool process is not sophisticated enough. It has been...

IFA failed to pay FOS compensation

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The Financial services Compensations Scheme have  upheld 25 cases against Wellington Court Financial Services after it was discovered the firm gave unsuitable pension transfer advice. On Wednesday 22 nd June 2022, the FSCS said it intended to work...

300 firms invited to British Steel redress roundtable by FCA

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Citywire has reported that the Financial Conduct Authority (FCA) has invited around 300 advice firms to a discussion regarding the British Steel redress scheme (BSPS). The roundtable will be held virtually on 27 th and 28 th June.  The group is made...