Broker banned for high-pressure sales techniques

The FSA's investigation concluded Aaron Nickols, trading as Warwick Finance, was not fit and proper to run the mortgage and insurance business. His sales tactics included making unsolicited phone calls to the public, falsely claiming to represent well-known high street financial service providers and questioning customers' existing policies to encourage new sales of Warwick Finance's products. "You encouraged a high pressure sales environment by creating monthly targets which required sales staff to complete a certain number of sales each month," the FSA's Final Notice reads. "Staf...