British Steel adviser recovers transfer permissions after 'thorough' process

Permissions regained on 10 August

Hannah Godfrey
clock • 2 min read

County Capital Wealth Management, which trades as The Pension Review Service, has become the first of the British Steel advisers to recover its pension transfer permissions after voluntarily giving them up.

County Capital Wealth Management re-established its transfer permissions on 10 August after a six month re-submission process that saw the firm working with the Financial Conduct Authority (FCA) to ensure it met the necessary regulatory requirements. The firm is the first of the advice firms associated with losing permissions as a result of advising British steelworkers to regain its pension transfer permissions. It was one of ten British Steel adviser firms to give up its pension transfer permissions as a result of the saga. The County Durham-based firm, which also has an office loca...

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 Pensions

FCA data reveals 'notable advice gap' in drawdown

FCA data reveals 'notable advice gap' in drawdown

Almost half of pots entering drawdown now do so without regulated advice

Sophia Panayi
clock 24 September 2026 • 2 min read
Action 'needed now' on salary sacrifice to minimise disruption

Action 'needed now' on salary sacrifice to minimise disruption

LCP says early preparation will help employers navigate the transition

Jonathan Stapleton
clock 24 September 2026 • 2 min read
Self-employed face retirement saving 'obstacle course'

Self-employed face retirement saving 'obstacle course'

‘Structural gap’ in participation between employees and self-employed

Martin Richmond
clock 22 September 2026 • 4 min read