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Regulators hail effectiveness of working together

The UK’s financial regulators have claimed that by working together they achieved better outcomes for members of the British Steel Pension Scheme (BSPS) as well as savers thinking of transferring their pensions.

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British Steel redress scheme challenge scrapped

A legal challenge against the Financial Conduct Authority’s decision to set up a redress scheme for former British Steel Pension Scheme (BSPS) members has been scrapped.

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FSCS declares 4 more firms in default

The Financial Services Compensation Scheme has declared four more firms in default, two with links to the British Steel Pension Scheme (BSPS).

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BSPS-linked wealth manager in default

The Financial Services Compensation Scheme has declared Bailey Richards Wealth Management (FRN: 583487) in default.

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