FSCS declares Cardiff-based British Steel adviser firm in default

The firm has been in liquidation since 6 June 2022, according to the FCA Register. On 27 April 2022, it was a decided at a member's general meeting that the firm would be voluntarily wound up, with the liquidator appointed on 2 May 2022.   The firm had two executive directors, Georgina and Dino Bartholomew, with the latter also holding compliance oversight and money laundering reporting roles. The FSCS told Professional Adviser it has received 12 claims related to pension transfer advice, including some that involved advising British Steel workers to transfer out of their defined b...