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
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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 ...

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