FSCS declares 17 firms in default
- Thursday, 20 April 2023
- Articles
The Financial Services Compensation Scheme (FSCS) has today declared 17 firms in default - most of them adviser businesses - opening the door to clients claiming compensation.
Read more...FCA warns of unsolicited BSPS approaches
- Friday, 27 January 2023
- Articles
The Financial Conduct Authority has warned that some firms could be involved in “malpractice” by making unsolicited offers to former British Steel Pension Scheme (BSPS) members who have not yet made complaints.
Read more...101 advice firms in scope of FCA BSPS asset retention rules
- Tuesday, 23 August 2022
- Articles
New emergency asset retention rules from the Financial Conduct Authority (FCA) have been applied to 101 firms who provided pension transfer advice for former British Steel Pension Scheme (BSPS) members.
Read more...FCA warns BSPS redress scheme to cost £140m
- Tuesday, 02 August 2022
- Articles
The Financial Conduct Authority (FCA) has warned that its proposed redress scheme for the British Steel Pension Scheme (BSPS) scandal could see advice firms pay over £140m in compensation.
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