The Financial Conduct Authority (FCA) has warned consumers against trusting online customer testimonies, which the regulator said are favoured trust-building techniques by scammers.
Research from the regulator found almost one-quarter (23%) of those surveyed trusted investment companies more if they displayed online customer testimonies. The FCA said scammers create "highly professional-looking"...
Acquisition completed earlier this month.
Changes to take place by next year
Launched 18 November
Investment Association to create new labels