Defining Broken Transfers: How British Steel brought DB transfers to the fore

Summer series continues

Hannah Godfrey
clock • 15 min read

The first time I realised the scale and importance of the British Steel pensions saga was when I heard the news that the adviser and the unregulated introducer at the heart of the scandal were called to Parliament to explain themselves to the Work and Pensions Select Committee (WPC).

The first time I realised the scale and importance of the British Steel pensions saga was when I heard the news that the adviser and unregulated introducer at the heart of the scandal were called to Parliament to explain themselves to the Work and Pensions Select Committee (WPC). I had only been working as a journalist for a grand total of 14 months and had seen nothing like this before. Where my junior career had so far largely been full of press releases and the odd consultation paper from the Financial Conduct Authority (FCA), the story of the British Steel saga had a real narrative and it...

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