Quilter earmarks £3m for British Steel redress

Wealth firm’s interim results include all anticipated associated additional costs

Hope William-Smith
clock • 1 min read
Quilter earmarks £3m for British Steel redress

A total £3m has been calculated by Quilter for the remaining redress of British Steel Pension Scheme (BSPS) cases.

The wealth firm's 2022 interim results - published yesterday (10 August) - outlined its redress expectations following its acquisition of national advice company and network in 2019 after the colla...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Industry

Updated: Bank of England announces 'gilt market operation'

Updated: Bank of England announces 'gilt market operation'

BoE says purpose of these purchases will be to restore orderly market conditions

Jonathan Stapleton
clock 28 September 2022 • 4 min read
RedSTART project targets financial literacy for 4.7m

RedSTART project targets financial literacy for 4.7m

The seven-year project will provide money lessons for 47 schools and 17,000 children

Nick Reeve
clock 28 September 2022 • 1 min read
£2.4bn increase in cost of pensions tax relief

£2.4bn increase in cost of pensions tax relief

But lifetime allowance charges increase by 11% on previous year

Martin Richmond
clock 28 September 2022 • 3 min read
Trustpilot