Advice firm structure questioned after steelworker complaints aimed at subsidiary

'Privatised profits, nationalised losses'

Hannah Godfrey
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"Suffice to say we're well-funded and we meet all of our regulatory threshold requirements" - Portfolio Financial Consultancy's Gareth Jones
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"Suffice to say we're well-funded and we meet all of our regulatory threshold requirements" - Portfolio Financial Consultancy's Gareth Jones

The structure of a Swansea advice firm has been called into question after pension transfer claims were made against its subsidiary that would leave the parent unscathed should the subsidiary become insolvent.

Welsh firm AW Dallas Financial Services - which trades as Portfolio Pension Consultancy - is facing seven claims relating to pension transfer advice it gave to steelworkers. AW Dallas is a subsi...

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