FSA warns over unauthorised firms

It said investors should exercise caution if they have invested money with these companies, or are considering doing so, warning they will not be covered by the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS). The nine firms are: Momentum Investment Limited 360 Invest Group Green Carbon Solutions Limited Insignia Financial Services Ltd Richard Davies Investors Limited Blackbird Leys Credit Union Ltd Best Select Finanz, Axa Rosenberg Investment Management Ltd Forex Portfolios Management Limited Earlier this month, the FSA iss...