While the total loss of each steelworker is not recorded, for claims made to the FSCS the average individual loss is £82,600.
The UK Government has now announced an expansion of the scheme, which will be expanded to cover pensions, insurance, investment and wealth management accounts.
The FCA’s proposals require pension providers to be ready to receive requests to find pensions and search records for data matches, as well as supply specified information for consumers to view on their chosen dashboard.
The DWP launched its consultation on flat fees and structures last year, moving to ban flat fees for pots under £100 and considering more broadly the structure of charges allowed within the charge cap.
Polestar Capital is targeting expansion of the fund to €400 million within a year, driven, it hopes, by the Netherlands reputation as a leader in recycling and product re-use.
ZEDRA’s Pension Services now consists of five offices in London, Reading, Leeds, Birmingham and St Albans and increases headcount to 70 dedicated Pensions experts and support staff.