British Steel pension savers left out of pocket by attempts to remedy losses
That's according to the National Audit Office Attempts to remedy financial losses suffered by British Steel pension savers have left many people not being fully compensated, according to a public spending watchdog. Some who transferred out of the British Steel Pension Scheme (BSPS) suffered significant losses because they were given unsuitable advice and the regulated financial advice market failed to protect them, the National Audit Office (NAO) said. Nearly 8,000 […]