TagFinancial Adviser

UK Watchdog Orders Financial Advisers To Compensate Former Members Of British Steel Pension Scheme

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About £49 million was paid to British Steel workers wrongly advised to move money out of their defined benefit pensions.More than 1,000 people accept fees from their financial advisers under a redress system set by the Financial Conduct Authority (FCA), the City regulator. The typical payment expects to be about £45,000, according to a detail publish morning. The financial controller has said the...

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