When the British Steel fiasco was at its most intense last December, Niche IFA, an advice firm based in south Wales, found itself in the eye of the storm and subject to regulatory scrutiny. At the Great Pension Debate II, director and Chartered financial planner Ray Adams told the story of the FCA's visit.
Adams told delegates he contacted the Financial Conduct Authority (FCA) first after receiving a total of 658 calls from steelworkers seeking pension transfer advice. The Chartered financial planner...
£300bn of liabilities
View from the front row
Transfer from occupational scheme
Appointed by FCA and PSR boards