Adviser 'whistleblowing' drove FCA intervention in British Steel saga

Speaking at The Great Pension Debate II in Port Talbot, the south Wales town where much of the poor practice surrounding BSPS pension transfers took place, Hewitt admitted it was advisers that prompted the regulator's intervention.   "[The work on BSPS was] heavily influenced by whistleblowing we received from professional advisers and some individuals here in this very room," he said. "Towards the autumn of last year… we started to receive a number of pieces of intelligence from a variety of different areas raising concerns about the quality of advice specifically related to this sch...