Echelon Wealthcare principal Al Rush is considering beginning a judicial review against the Financial Conduct Authority. Hausfeld partner Ned Beale, who represents Rush, told Money Marketing that they do not think the FCA’s British Steel Pension Scheme (BSPS) redress scheme goes far enough.
Advisers are calling out the failures of the Financial Conduct Authority’s (FCA) redress scheme for British Steel Pension Scheme (BSPS) members who received unsuitable advice, suggesting past compensation has not gone far enough.
Advisers have offered split reactions to the Financial Conduct Authority’s (FCA) plans for a British Steel Pension Scheme (BSPS) redress plan totalling £71.2m.