Steelworkers' pensions is a 'scandal brewing', warns Welsh MP
Criticises FCA
MP Nick Smith, photo credit: Parliament UK
Labour MP Nick Smith has raised concerns that a "pension scandal" is brewing around British steelworkers who are unsure of whether they should transfer out of their existing defined benefit (DB) pension.
Speaking in the House of Commons on 7 December, the MP for Blaenau Gwent expressed concern about a pending pension crisis among his constituents and criticised the Financial Conduct Authority (FCA) for...
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