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

The £22.40 question: Are clients in the dark on the full state pension?

The £22.40 question: Are clients in the dark on the full state pension?

'The political architecture is elegant, from the Treasury's perspective'

James Floyd
clock 01 May 2026 • 3 min read
Alltrust acquires Phoenix Wealth Family Suntrust schemes

Alltrust acquires Phoenix Wealth Family Suntrust schemes

Completion expected later this year

Jenna Brown
clock 29 April 2026 • 1 min read
Government proposes further concession on Pension Schemes Bill mandation

Government proposes further concession on Pension Schemes Bill mandation

Amendment covers pension schemes seeking an exemption

Holly Roach
clock 27 April 2026 • 2 min read