British Steel
FCA ban and fine against ‘worst’ British Steel adviser Darren Reynolds upheld
Reynolds was one of a number of advisers who gave unsuitable advice to members of the British Steel Pension Scheme
FCA fines advice firm £898K and bans pair over British Steel pension transfers
Firm operated a contingent charging model
FSCS declares Birmingham-based firm in default over pension advice
The firm is in liquidation
FCA bans two advisers for poor BSPS advice
Resulting in £9,769,550 of pension funds being transferred to riskier defined contribution schemes.