Defined BenefitFeb 9 2018

British Steel IFA transferred 64 clients in one-off deals

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British Steel IFA transferred 64 clients in one-off deals

Active Wealth – the IFA the Financial Conduct Authority told to stop advising on defined benefit (DB) pension transfers after advice given to steelworkers – transferred 64 clients out of the British Steel Pension Scheme (BSPS), none of whom the IFA provided ongoing advice.

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