Compensation
£49m British Steel redress scheme gets greenlight from UK regulator
More than 1,000 consumers are expected to be compensated
British Steel pension advice firm fails
12 claims have already been filed with the FSCS
FSCS on the hunt for clients of two unregulated investment firms
To explore whether compensation could be deemed valid under its rules
Two UK wealth firms fail
FSCS has already received claims against both companies
FCA will ‘take action’ over firms miscalculating DB transfer redress
Ongoing fund costs and adviser charges are not being taken into consideration