FCA vows to fight British Steel legal challenge

Advisory firms in British Steel Action Group take court action against compensation

Jenna Brown
clock • 2 min read
FCA has vowed to fight British Steel redress scheme legal challenge
Image:

FCA has vowed to fight British Steel redress scheme legal challenge

The regulator has vowed to fight court action taken by a group of advisory firms challenging the validity of its British Steel redress scheme.

The Financial Conduct Authority (FCA) said a case had been brought against its decision to establish a redress scheme for former members of the British Steel Pension Scheme (BSPS) who were wrongly ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

TPR updates on pension scam prevention work

TPR updates on pension scam prevention work

Blog from regulator updates on industry collaboration, publication and legislation

Jasmine Urquhart
clock 06 February 2025 • 2 min read
SPP: Sizing up the DC market

SPP: Sizing up the DC market

David James looks at proposed changes to the DC pensions market in order to encourage scale

David James
clock 30 January 2025 • 3 min read
MPs vote for motion to provide compensation for Waspi women

MPs vote for motion to provide compensation for Waspi women

109 MPs backed SNP motion for government to consider findings of PHSO report

Martin Richmond
clock 30 January 2025 • 3 min read
Trustpilot