British Steel
FCA threatened with referral to financial regulator watchdog
IFA blasts ‘repeated mistakes, delays and bad leadership’ that harmed thousands of British Steel workers
FCA faces legal challenge over British Steel redress scheme
Regulator believes move is an ‘attempt to delay payment’
Three more advice firms fail
A total of 83 claims have been filed with the FSCS, some related to the British Steel scandal
UK advice firm in default for second time
FSCS backtracked on its original announcement in 2021
‘Woeful’ British Steel IFA company fined £2.4m
It provided unsuitable pension transfer advice to both BSPS and other DB members