FCA identifies 30,000 instances of unregulated activity in last 12 months

Calls for more cash to fund scam prevention campaigns

Sophie King
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The FCA has called for more money into tackling pension scams.
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The FCA has called for more money into tackling pension scams.

The regulator identified 30,000 instances of unregulated activity in the last year and needs more investment to better tackle pension scams, FCA executive director of enforcement and market oversight Mark Steward told MPs.

Speaking to the Work and Pensions Committee today (6 January) about tackling pension scams, Steward (pictured) said the Financial Conduct Authority (FCA) has received 10,000 investment fraud-related cases...

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