PFS teams with FCA to launch anti-scam campaign

Advisers will get 'special' reporting link to alert FCA

Tom Ellis
clock • 2 min read

The Personal Finance Society (PFS) and Financial Conduct Authority (FCA) are to team up to launch a national campaign against scammers, the professional body's chief executive has said.

Speaking at the PFS National Planning Symposium in London on 24 November, Keith Richards (pictured) urged advisers to get behind the campaign, which aims to crack down on rogues targeting consumers. As part of the campaign advisers will be given a "special link" to warn the FCA when they spot a scammer or cold-caller. "Professionals like you will sniff out scammers quicker than the general public," he said. "You will sniff out a potential scam quicker than your family or friends. We have a duty to do something about this." Richards said the regulator has been "geared up" for an inc...

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