PIMFA response to consumer redress scheme for unsuitable advice to transfer out of the British Steel Pension Scheme

PIMFA's response to FCA's consultation: Consumer redress scheme for unsuitable advice to transfer out of the British Steel Pension Scheme. After consideration, we take the view that given the exceptional circumstances which are associated to the scheme and implicit in your decision to consult on a specific redress scheme, members should be provided with the opportunity to actually be put back in the position that they would have found themselves in had they not transferred out