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FCA statement rejects criticism of how it handled BSPS scandal

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Photo: Jeff J Mitchell/Getty Images

Martina Lindberg

2 min read
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Regulator takes unusual step of publishing a public response to complaints about how it dealt with British Steel pensioners.

The UK financial watchdog has published a letter to respond to complaints made regarding its actions or inactions in relation to the British Steel Pension Scheme (BSPS). 

The story began in January 2018, yet it became more public in February 2023 when the FCA implemented a redress scheme for

Since then,

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