Total redress was lower than £50m estimate due to ‘changing economic conditions’
Former British Steel workers will be able to ‘reverse transfer’ their pots into a DB scheme
Regulator has come down hard on Welsh advisory firm David Stock & Co
New chair at BTPS, pensions facing ‘fraud crisis’, BSPS signs £2.7bn buy-in deal
Fourth and final transaction fully secures the benefits of approximately 67,000 members
Pensions Buzz readers were asked for their thoughts on victim compensation
Regulator says most are associated with the British Steel Action Group
Advisory firms in British Steel Action Group take court action against compensation
Tata Steel UK says it expects a further buy-in for remaining liabilities to transact this year
Over 300 IFA firms will be affected with compensation owed to over 1,000 members