IFA banned after bad advice costs pension savers £24m
Clients invested in ‘high-risk’, ‘relatively illiquid’ and ‘unregulated’ schemes
Active Wealth
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Lifeboat scheme U-turn over British Steel mis-selling scandal
FSCS offers additional compensation to those ‘let down’ by Active Wealth
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Clients of ‘sausage’ adviser targeted by fake regulator
British Steel workers looking for compensation cold called by con artists pretending to be the FCA
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Steel workers fed sausage and chips in pension transfer bid
A company that introduced British Steel Pension Scheme (BSPS) members to the now-collapsed IFA firm Active Wealth offered “sausage and chips” meals in meetings heavily geared towards pushing transfers on them, according to a damning Work and Pensions Committee report released Thursday.