Tag Archives: Al Rush

“In 1997, twenty eight years ago, Lady Di was killed. Have things ever been quite the same since?” – Al Rush

Posted on September 1, 2025 by henry tapper

This is the first day of autumn and on the last day of summer, my friend Al posted this lovely account of the second of his meetings with Lady Di. It is a beautiful account of his feelings. Al Rush … Continue reading →

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FCA offers steelworkers £150 compensation for their loss of redress

Posted on April 23, 2024 by henry tapper

It has been six years and four months since Frank Field wrote this letter to Megan Butler at the FCA. Following evidence on the British Steel Pension Scheme (BSPS) in Parliament in November , the Work and Pensions Committee wrote … Continue reading →

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Port Talbot’s chicken dinner man gets fined £2m.

Posted on September 28, 2023 by henry tapper

Darren Reynolds has been banned for acting as a Director and fined over £2m for losing just under £24m of his client’s money in high risk unregulated investments. The FCA’s actions relate to activities prior to Reynolds becoming notorious for … Continue reading →

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BSPS ambulance chaser crashes again.

Posted on April 13, 2023 by henry tapper

Good news for steelworkers and bad news for  Gareth Fatchett, his firm FS Legal and the IFAs that have been paying Fatchett’s legal bills. Not only will they have to pay redress in full to ill-advised steelworkers  – but they  … Continue reading →

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This vile harassment of mis-sold steelworkers must stop

Posted on January 12, 2023 by henry tapper

The threat to mis-sold steelworkers Fueled by a self-reference sense of injustice , certain advisers owing redress to  clients  they have mis-advised to transfer out of the British Steel Pension Scheme  are now making their victims pay twice by harassing … Continue reading →

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Should regulators be enforcers?

Posted on August 18, 2022 by henry tapper

  Tim Thomas asked this question at a TTF seminar  this lunchtime. His conclusion was they considered themselves a world-class regulator and a reluctant enforcer. From comments made by Andrew Bailey (former CEO) and Mark Steward (former head of enforcement) … Continue reading →

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The pension transfer mess: who pays and what’s paid?

Posted on July 22, 2022 by henry tapper

There’s an irony to PAC’s assertions. It was extremely critical of the FCA in almost every aspect but never even questioned a key one: the FCA’s own assessment that transfers were very widely unsuitable at BSPS. This is now being … Continue reading →

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Al Rush’s “aide memoire for trustees”

Posted on April 15, 2022 by henry tapper

Al is a friend and someone I rely on to tell it as he sees it (not necessarily as I see it). But what he says bears listening to , as it’s experienced talk, not stuff off the top of … Continue reading →

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Wish I could be like Tom McPhail

Posted on April 14, 2022 by henry tapper

  One of the pleasures of getting into your sixties is that you don’t feel so guilty about taking a step back from the nitty-gritty. Over the past four weeks, I’ve been spending time listening to people who think a … Continue reading →

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Mess with the old – they’ll mess with you.

Posted on April 13, 2022 by henry tapper

I’m PC on age – three of my best friends are in their (early) 70s There’s no going early into that good night with those three. And here’s a tale to stir the heart if you consider picturing your future … Continue reading →

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