Should you need help, click on the ‘Need help’ button and choose to speak to one of our friendly claims handlers, or type a question into the FAQ option. The next step will be to answer a series of straightforward questions. If you think that this applies to you, download our compensation claim guide (pdf 0.1MB), and when you're ready, click the ‘Check if you can claim’ button. The advice they received may not have been the best advice for them. It may not have been realistic to achieve the same level of benefits from their new plan. In 2017, many British Steel workers were advised to transfer out of their defined benefit pension into a defined contribution pension, known as a Personal Pension Plan or a Self-Invested Personal Pension (SIPP).īy transferring to a private pension arrangement, they would have lost the benefits already built up in the British Steel Pension Scheme. It is also one of the companies associated with claims regarding the British Steel Pension Scheme (BSPS). In March 2023 Abbey Lane Financial Associates Ltd stopped trading.
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