Parliamentary steelworker summit: FCA 'actively looking' at adviser PI and cap ad requirements

On Thursday morning (27 February) steelworkers from Port Talbot, Scunthorpe and Teesside descended on Westminster Palace to talk about their experience of being poorly advised to transfer out of their defined benefit (DB) pensions. Some 50 steelworkers, along with representatives from solicitor firm Clarke Willmott and Echelon Wealthcare managing director Alastair Rush, who has been helping the steelworkers obtain compensation, met MPs and senior individuals at regulatory bodies in Committee Room 14 in parliament. The meeting went on for more than three hours, during which time Philip...