FCA warns BSPS redress scheme to cost £140m

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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FCA proposes changes to pension transfer redress

The Financial Conduct Authority (FCA) is to change its methodology for calculating redress for non-compliant pension transfer advice.

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2 advice firms default after 88 pension transfer claims

The Financial Services Compensation Scheme has declared two advice firms in default with over 88 pension transfer claims between them.

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FCA BSPS response "inadequate" say MPs

The Financial Conduct Authority (FCA) was “consistently behind the curve” when responding to the British Steel Pension Scheme (BSPS) transfer scandal, according to MPs.

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