British Steel pension advice ‘trial by Twitter’ under fire

British Steel pension advice 'trial by Twitter' under fire

By Maria Espadinha A financial adviser working with members of the troubled British Steel pension scheme has criticised attacks in the media on those helping steelworkers transfer out of their lucrative defined benefit pensions.

Mark Abley, managing director of the Durham-based Pension Review Service, argues there is a "trial by social media being conducted" on financial advisers involved in the British Steel Pension Scheme (BSPS) case.

Mr Abley, whose firm has pension transfer permissions granted by the Financial Conduct Authority (FCA) and has been a pension transfer specialist for over a decade, has been advising steelworkers on their retirement decisions, including […]

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