Three more British Steel transfer advice firms fall to FSCS

Advisers forecasted £240m FSCS levy

clock • 1 min read
Three more British Steel transfer advice firms fall to FSCS

The Financial Services Compensation Scheme (FSCS) has declared three financial advice firms in default, all of which advised on British Steel transfers.

One of the three failed advice firms, West Wales Financial Services Ltd, trading as IWA Financial Solutions, and Mike Powell Mortgages, was ordered to cease advising on investments and pensions without...

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