DFM forced to deny links with British Steel introducer and adviser

Gallium found itself linked to the British Steel Pension Scheme controversy after Active Wealth, an advice firm at the centre of the story, invested its clients into a Newscape-owned fund via the DFM. The DFM denied the existence of any further connection between itself and Active Wealth, and said no fees or commission had been paid to the firm from either itself or its appointed representative, Vega Algorithms. It also said it was not linked to, nor does any business with, Celtic Wealth Management, the introducer firm that introduced many steelworkers to Active Wealth. Gallium sai...