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

Everything advisers need to know about using a DB SSAS

Everything advisers need to know about using a DB SSAS

A DB SSAS operates using the regulatory framework as traditional DB pension arrangements

Caitlin Southall
clock 06 March 2026 • 4 min read
Pension transfer times got faster in 2025

Pension transfer times got faster in 2025

Transfer times took 10.2 days to complete on average, Origo finds

Jasmine Urquhart
clock 05 March 2026 • 1 min read
Ros Altmann urges govt to 'press pause' on 'rushed' salary sacrifice cap

Ros Altmann urges govt to 'press pause' on 'rushed' salary sacrifice cap

Peer says legislation ‘not clearly thought through’

Jonathan Stapleton
clock 03 March 2026 • 4 min read