British Steel workers who transferred their defined benefit (DB) pensions with Active Wealth UK have taken steps towards instigating legal proceedings against "all parties involved" in the process, Professional Adviser understands.
Solicitor firm Clarke Willmott has been instructed on behalf of a group of steelworkers who were advised by Active Wealth UK in respect of the Financial Services Compensation Scheme (FSCS) claims and any additional claims arising from the circumstances. The solicitor instructing on behalf of the steelworkers, Philippa Hann, told Professional Adviser her firm was in the investigatory stage of the process and would be looking into all parties that have formed part of the process. She said: "I'm delighted to have been instructed by the steelworkers. It's clear something has gone horribly...
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