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Adviser banned and will pay £106k to FSCS for poor pension advice

Pensioners walking outside
Photo: Getty Images
Martina Lindberg profile image

Martina Lindberg

2 min read

Adviser is one of two banned from giving pensions advice as British Pension Steel Scheme case rumbles on.

Mark Abley, of County Capital Wealth Management Ltd (CCWM), which is now in liquidation, has been banned by the FCA from providing advice on pension transfers after giving unsuitable advice.

Between April 2015 and February 2018, 575 people were advised by CCWM to transfer out of their defined benefit pensionBritish Steel Pension

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