Former British Steel workers will be able to ‘reverse transfer’ their pots into a DB scheme
Fourth and final transaction fully secures the benefits of approximately 67,000 members
Pensions Buzz readers were asked for their thoughts on victim compensation
FCA said actions are ‘wholly unacceptable and constitute serious malpractice’
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
New findings on the regulator’s management of the BSPS scandal published
PIMFA responds to the FCA’s consultation on a consumer redress scheme
FCA says it was unaware of transfer interest as scheme trustees held that data
Trustees do need professional help with member communications as suggested by the review into British Steel Pension Scheme case, this week's Pensions Buzz respondents said.