Adviser-led British Steel pro-bono operation wins PFS backing

Combined effort with FCA

Hannah Godfrey
clock • 2 min read

Operation CHIVE, the pro-bono initiative set up to help British Steel workers with their pension transfers, has gained backing from the Personal Finance Society (PFS).

PFS chief executive Keith Richards (pictured) told Professional Adviser the body supported the initiative and would help to spread the word. "We support the efforts of Alistair Rush and the great initiative of CHIVE, which has already seen a number of professional advisers pool their support." Richards said there had been concerns that a minority of advisers would risk bringing the majority into disrepute.  However, he said advisers who had positively galvanised behind the pro bono initiative bolstered the advisory community's standing. Operation CHIVE - short for ‘Counselling, ...

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