Unregulated British Steel introducer accused of giving financial advice

Professional Adviser has spoken with numerous steelworkers who dealt with Celtic Wealth Management, a firm that worked closely with now-liquidated advice firm, Active Wealth UK. One steelworker told PA a senior financial consultultant at Celtic Wealth Management told him his pension fund would be enough to pay out £20,000 per year, plus the 25% tax allowance when he retired. The steelworker in question was told it was a "no-brainer" to transfer, and that the consultant had asked whether he had a mortgage, what savings he had in the bank, about his dependents, his pay and his pension f...