British Steel pension adviser pulls out of pension transfer market

Change on FCA register

Hannah Godfrey
clock • 1 min read

Pembrokeshire Mortgage Centre, which trades as County Financial Consultants, has pulled out of the pension transfer market after agreeing to have its permissions suspended last year, Professional Adviser understands.

Pembrokeshire Mortgage Centre is one of 10 firms to have voluntarily suspended or changed their pension transfer permissions as a result of advising British Steel workers on transferring their pensions. On its entry on the FCA Financial Services register there is no evidence of any permission suspensions. On the entries of the other firms involved in the British Steel saga, there is a specific line saying the firm must "cease all DB pension transfer business immediately". Pembrokshire Mortgage Centre's Register page previously had a simlar line but this has since changed and, under it...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

The advice dividend in an age of retirement uncertainty

The advice dividend in an age of retirement uncertainty

The UK pensions landscape has become progressively more complicated in recent decades

Andrew Tully
clock 17 February 2026 • 4 min read
Royal London introduces CRP framework to help advisers

Royal London introduces CRP framework to help advisers

Support when developing retirement income strategies for clients

Jenna Brown
clock 29 January 2026 • 1 min read
Just Group sees fall in retirement income sales as takeover approaches

Just Group sees fall in retirement income sales as takeover approaches

Brookfield Wealth Solutions to takeover during first half of the year

Isabel Baxter
clock 20 January 2026 • 2 min read