British Steel adviser now linked to Trinity Mirror pension scheme members

Reynolds became well-known during the British Steel pension scheme saga, when his firm Active Wealth UK fell into liquidation after advising numerous steelworkers to transfer out of their DB pensions.  Reynolds, alongside Clive Howells, who worked for unregulated introducer Celtic Wealth Management, had told the steelworkers it was a "no brainer" to transfer, and asked them to fill in risk assessments purely to "keep the FCA happy".  In the case of the Trinity Mirror scheme members, PA understands between 30 and 35 people, with pension transfer values averaging about £300,000, were ad...