British Steel
UK-based financial advice firm fails
Lifeboat scheme has received five claims related to pension transfers and Sipps
UK IFA firm fails
With the FSCS receiving claims in regard to the British Steel Pension Scheme
Two UK financial advice firms fail
After both companies were investigated by the FSCS earlier this year
FCA carries out 30 investigations over British Steel DB transfer advice
Regulator is making final decisions on ‘what sanctions are appropriate where we have found misconduct’
IFA banned from providing advice on pension transfers
He has also been forced to pay £106,100