The Financial Conduct Authority (FCA) has proposed forcing claims management companies (CMCs) to highlight any free alternatives - such as ombudsman schemes - to customers before using their services.
The FCA will become the regulator of CMCs established or serving customers in England, Wales or Scotland from 1 April 2019. At the same time, the Financial Ombudsman Service will become responsible for...
Follows McVey's resignation
Schroders and Aviva Investors
LightTower Partners, Seneca Partners and Unicorn AM
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