FCA rejects accusations of BSPS failings (original) (raw)

The FCA has rejected criticism by the Complaint Commissioner of its handling of consumer complaints about its probe into the British Steel Pension Scheme transfer debacle. The regulator said that together with the Financial Ombudsman Service and the FSCS it had helped more than 6,500 former members. It said it...read full story

"The FCA has learned important lessons from the events of BSPS, both for how it operates as a regulator and how the wider pensions regulatory system serves to protect consumers."