Assessing vulnerability: How can firms help mitigate risks of DIY SIPPs?
The British Steel Pensions Scheme (BSPS) redress scheme began in earnest at the end of last month - meaning
The British Steel Pensions Scheme (BSPS) redress scheme began in earnest at the end of last month – meaning firms now have until the end of February 2024 to review their advice, conduct redress calculations and provide payments to affected customers. But with such a fast pace of work, how can firms ensure they’re keeping up with the FCA’s timeline without sacrificing accuracy or attention to detail?
In Money Marketing, TCC’s Actuarial and Redress Director Harry Eastwood outlines the key challenges that business should anticipate as they begin reviewing their British Steel advice – and gives his three tips for ensuring successful delivery.
Read the article here.