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Revealed: 29 steelworkers aged under 30 bring legal claims over transfer advice


Revealed: 29 steelworkers aged under 30 bring legal claims over transfer advice
13 advice firms involved
The number of British Steel Pension Scheme (BSPS) members who transferred out under the age of 30 is more than was once thought, Professional Adviser can reveal.
Clark Willmott, a solicitor firm that has handled hundreds of claims relating to British Steel workers who received poor defined benefit (DB) transfer advice, has said it is acting for 29 clients who were.
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Port Talbot , Neath Port Talbot , United Kingdom , Clark Willmott , Clarke Willmott , Tata Steel , British Steel , Phillipa Hann , Echelon Wealthcare , Steel United Kingdom , Regulated Apportionment Arrangement , Pensions Regulator , போர்த் டால்போட் , நீத் போர்த் டால்போட் , ஒன்றுபட்டது கிஂக்டம் , கிளார்க் வில்மோட் , டாடா எஃகு , பிரிட்டிஷ் எஃகு , ஈஶலாந் செல்வம் , எஃகு ஒன்றுபட்டது கிஂக்டம் , ஓய்வூதியங்கள் சீராக்கி ,

One of the youngest British Steel victims: 24-year-old tells transfer tale


One of the youngest British Steel victims: 24-year-old tells transfer tale
Transferred £50,000
At the time, he says the British Steel pension scheme was renowned for being a good, strong scheme and as a local boy himself, he knew he would be set up when he eventually retired.
Many stories have been told about the British Steel saga, but what was it like for a 24-year-old steelworker who transferred out and, like thousands of others, did not know just how much trouble it would lead to? Here, he speaks to Professional Adviser s Sophie King to reveal all
Having come through the British Steel apprentice scheme in 2010, the youthful steelworker, who preferred not to be named, says he was like any other young person and was not hugely concerned about his pension. When he started his career, he says the British Steel pension scheme was renowned for being a good, strong scheme and, as a local boy himself, knew he would be set up when he eventually retired. ....

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