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

Pensions gender gap: A low-profile injustice that deserves more attention

Pensions gender gap: A low-profile injustice that deserves more attention

'Pensions are one of the few financial products where time is the single biggest driver of outcome'

Jessica Cook
clock 24 August 2026 • 4 min read
Advisers place focus on retirement support as providers lack 'meaningful' engagement

Advisers place focus on retirement support as providers lack 'meaningful' engagement

People’s Pension poll shows 54% of IFAs say providers struggle to create ‘meaningful’ engagement

Martin Richmond
clock 19 August 2026 • 3 min read
Pensioner poverty has risen for more than a decade, warns LCP

Pensioner poverty has risen for more than a decade, warns LCP

Single and divorced pensioners most affected and should be focus for future policy

Alex Levy
clock 18 August 2026 • 4 min read