The Financial Conduct Authority (FCA) is in the process of launching a toolkit to help MPs and their constituents manage any issues surrounding the British Steel Pension Scheme (BSPS) saga.
Professional Adviser understands the toolkit will contain information aimed at signposting people to sources of help for those British Steel members who have lost money after being advised to make unsuitable pension transfers. MPs are set to be sent the toolkit in April, which they can then share with their constituents and help people with concerns about advice they received. More information on the toolkit is set to be released next month. Last week (11 March), PA revealed that Welsh MPs Steve Kinnock and Nick Smith, who have been vocal for justice in the British Steel saga, wrote ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
