£250k paid to shareholders after BSPS adviser entered liquidation - now claims at FSCS's door

Clarke Willmott, a solicitor firm that has handled hundreds of pensions claims relating to British Steel workers, has confirmed it is acting for a dozen former clients who were all advised by Swansea-based John Dyer (Life & Pensions) to transfer out of the British Steel Pension Scheme (BSPS).  Some of these clients were advised by Wayne Stronach, a former director of the firm, who then moved to adviser firm Watermark Financial Planning, which was an appointed representative of Sanlam Partnerships until 3 December 2021. It is located next door to John Dyer (Life & Pensions)'s premises (se...