Llanelli-based firm with BSPS claims collapses

South Wales Advice firm The Financial Planning Practice (FRN: 223388) has failed, the Financial Services Compensation Scheme said.

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2 more advice firms fail with BSPS claims

Two financial advice firms - one in Cardiff and one in Bristol - have been declared in default by the Financial Services Compensation Scheme with a combination of over 100 claims related to pension transfer advice.

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FCA bans Birmingham BSPS adviser

The Financial Conduct Authority has banned Birmingham-based adviser Paul Steel of Estate Matters Financial Ltd (EMF) from working in financial services. 

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Editor’s Comment: A shameful chapter

 

When the financial historians come to write a chapter about the British Steel Pension Scheme debacle the word “shameful” is likely to be used.

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