Vintage Investment Services, a firm caught up in the British Steel pension scheme debacle, has become the third advice firm to regain its defined benefit (DB) transfer permissions and re-enter the market.
The Financial Services Register entry for the firm has changed to show no evidence of restrictions on the firm, whereas it had previously stated the firm must "cease all regulated activities relating to pension transfer business". Vintage Investment Services has joined Mansion Park and County Capital Wealth Management - which trades as The Pension Review Service - in regaining its permissions, after a year of restrictions. A further seven advice firms had permissions changes as a direct result of involvement with British steelworkers, and experienced a raft of different outcomes. A...
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