The FCA has warned of the increasing number of scammers pretending to be the watchdog.
Its impersonators aim to get people to hand over money or sensitive information, such as bank account PINs and passwords.
The public have reported more than 7,700 instances of this type of scam to the FCA’s contact centre so far in 2023.
Reports of this type of scam have more than doubled since 2021, the FCA said.
Follow us on socials for more news and updates
Podcast: Investing in property for the first time
The SLR Wealth team was recently invited to take part in a podcast with PCS Legal, an established firm of Licensed Conveyancers and Probate Practitioners. This podcast is the second episode in...
Mortgage affordability holds the key
The cost of mortgage debt impacts housing affordability and holds the key to house price movements over the next five years, report Savills UK. With the first cuts to interest rates still some...
Savills UK housing market regional performance
Savills UK expect that 2024 will see further modest price falls driven by stretched affordability across all regions. Once the Bank of England begins to cut the base rate in the second half of...
2023 – a bit of a “mixed bag”
As 2023 draws to a close, the SLR Wealth team shares its views on the year. It was a bit of a "mixed bag" in our opinion, and our experiences didn't always match the news headlines. Read our...
Due diligence – how important is it?
Due Diligence Driven Investment (DDDI) is the sturdy foundation that investment strategies need, report Diligent Eye. DDDI is for all investments - large and small. Individual investors can...
UK economy flatlines due to high interest rates
The UK economy has flatlined due to the ongoing impact of high interest rates, report BBC Finance. There was no economic growth between July and September and forecasters suggest the economy is...