TPR/FCA must also be held responsible for British Steel

Financial Vulnerability Taskforce points to the lack of intervention and guidance

clock • 2 min read
FVT chair Keith Richards

FVT chair Keith Richards

Both The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) must share "some responsibility" in the British Steel pension saga, having failed to provide timely intervention and guidance, according to the Financial Vulnerability Taskforce (FVT).

The FVT has retrospectively emphasised the need for a quicker response by both regulators when "the problems first became evident and before members felt they had little option but to seek advice u...

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