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The Complaints Commissioner has sided with the Financial Conduct Authority (FCA) against a complainant who raised concerns about how they did not receive any compensation from the Financial Services Compensation Scheme (FSCS) on their claim against a firm regarding British Steel Pension Scheme (BSPS) transfer advice. ....
The Financial Conduct Authority (FCA) has published final rules to extend asset retention rules for certain firms who provided transfer advice to British Steel Pension Scheme (BSPS) members. ....
The Financial Conduct Authority (FCA) has issued a stark warning to former British Steel pension scheme (BSPS) members to avoid any firms making unsolicited offers of redress, or they risk financially losing out. ....
The Financial Conduct Authority (FCA) failed to protect British Steel Pension Scheme (BSPS) members from “unscrupulous financial advisers” who were financially incentivised to provide unsuitable advice, and the regulator was “behind the curve” in its response, according to a report by the Public Accounts Committee (PAC). ....
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. ....