FCA writes to more DB customers about compensation

FCA has written to a further tranche of customers who received DB pension transfer advice to tell them they may be entitled to compensation, following findings of past business reviews. It has updated its list of firms in liquidation in relation to which it had made unsuitability findings, telling them how to claim on FSCS. It has also updated and published its list of firms in insolvent liquidation who have given unsuitable advice to some customers.

Emma Radmore