Welcome to Money Covered, a monthly podcast from RPC aimed at those dealing with complaints, claims and risk management in the financial services sector.

In episode 7, Rachael Healey is joined by Shauna Giddens and Chris Cole to discuss the key news and developments in the industry for the month of September. Shauna and Chris provide an update on recent developments involving SIPPs and the FSCS following a recent pension ombudsman decision in the SIPP area and High Court judicial review involving the FSCS.

Other topics covered include an update on the British Steel Pension saga, with the FCA deciding against a redress scheme for former members (and instead encouraging consumers to complain to FOS); new guidance on how firms should compensate complainants in relation to their defined benefit (DB) transfers; and the FCA's new business plan which includes changes to the authorised representative notification process. 

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