British Steel compensation pay-outs pass million-pound mark

FSCS won’t compensate adviser charges

Hannah Godfrey
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"The FSCS is going back on everything it promised in Westminster" - Echelon Wealthcare's Alastair Rush
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"The FSCS is going back on everything it promised in Westminster" - Echelon Wealthcare's Alastair Rush

Redress paid out by the Financial Services Compensation Scheme (FSCS) to clients of collapsed British Steel firm Active Wealth UK has now surpassed the £1m mark.

To date, the lifeboat fund has paid out £1.1m in compensation to former Active Wealth clients, including former members of the British Steel Pension Scheme (BSPS). The FSCS has also revealed it ...

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