WebSep 30, 2024 · FCA fines advice firm £2.4mn for ‘woeful’ BSPS failings; FCA tells PI insurers to pay out BSPS claims 'promptly' Industry raises concerns over BSPS redress scheme rules; Most Read. WebJul 22, 2024 · The report notes a number of failures by the FCA broader than BSPS – (1) failure to take swift and effective action including being aware of unsuitable transfer advice in 2015 but failing to take sufficient action to prevent consumers from being harmed, (2) failure to have adequate insights into the behaviour of smaller advice firms given its ...
FTAdviser on LinkedIn: FCA fines advice firm £2.4mn for ‘woeful’ …
WebApr 12, 2024 · This scheme is for former British Steel Pension Scheme (BSPS) members and aims to compensate them for misselling. ... then use hindsight to hide their failings, price any challenge out of ... WebDec 2, 2024 · The FCA has fined Pembrokeshire Mortgage Centre Limited (trading as County Financial Consultants) £2,354,331 for providing "woeful" and unsuitable advice to consumers to transfer out of the British Steel Pension Scheme (BSPS) and other defined benefit (DB) pension schemes. The total value of... kapps twitch
FCA fines adviser agency £2.4m for critical BSPS failings
Web(BSPs) for the residents updated. These BSPs were updated annually, unless an individual's needs changed. Until July 1, 2015, the claimant was assigned to a residence ... 2015 for failing to submit the behavior support plans for the Pinekill residence until July 31, 2015 instead of by the deadline of May 26, 2015, for backdating the forms to ... WebFCA fines advice firm £2.4mn for ‘woeful’ BSPS failings WebBPSS–154 (11/14) Complaint Form Mail Completed Form To: New York State Education Department . Adult Career & Continuing Education Services Bureau of Proprietary … kapp surgical instruments inc