UK News
UK parliament unveils inquiry into British Steel pension scandal
FCA, ombudsman and lifeboat scheme to be questioned
Financial Ombudsman Service increases compensation limit
As it adjusts awards in line with inflation
British Steel pension transfer advice unsuitable in 47% of cases
Members have lost £18m in redress due to firms entering liquidation
Alternatives | 17 Mar 22
Private bank downgrades equity weighting to ‘disinclination’
As it upgrades gold exposure from positive to preference status
DB transfer red flags trigger 500 member interviews
But it is not yet clear if measures ‘are genuinely protecting consumers’