Steelworkers caught up in the British Steel DB transfer debacle will have an audience with members of parliament later this month to discuss the controversy over the compensation they have received from the FSCS.
Up to 15 steelworkers are heading to Westminster on the morning of Thursday 22 November for a meeting that will be hosted by Welsh constituency MPs Nick Smith and Steven Kinnock. In addition to Kinnock and Smith, the Financial Conduct Authority will be invited, and it is hoped Work and Pensions Committee chair Frank Field will also attend. The steelworkers in question were advised by Active Wealth UK - a now liquidated advice firm - that worked with unregulated introducer Celtic Wealth Management, and has been accused of giving the workers poor advice. Earlier this month, Echelon ...
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