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FCA issues warning over ‘deliberate attempt to exclude’ British Steel pensioners from compensation scheme

Steel plant being demolished
Photo: Ian Forsyth/Getty Images

Firms alleged to be making unsolicited offers to former British Steel pension scheme members who have not yet made complaints.

A sharp warning about “wholly unacceptable” unsolicited offers being made to former members of the British Steel pension scheme (BSPS) has been issued by the FCA. The regulator said: “We believe the actions by firms may be a deliberate attempt to exclude former members from participating in the scheme, binding