View more on these topics

FSA issues consumer warning over advice firm UKEIFAS

The FSA has issued a consumer warning about UK Expatriates Independent Financial Advisory Services, which operates form Middlesbrough and Wrexham.

The regulator believes that UEIFAS may have cashed in investment products taken out on behalf of its clients, without their knowledge or consent, and failed to return those funds to them.

It may have also failed to pass funds transferred to it by clients for investment purposes on to the relevant investment provider.

The FSA says customers who have invested money through UEIFAS should check the status of their investment with their investment provider.

The FSA is urging anyone who made investments through UEIFAS to contact the regulator.

Recommended

Axa launches blue chip fund

AXA Framlington has recently launched the UK blue chip equity income fund. This was previously the UK equity income fund prior to the fund rationalism programme, which AXA Investment Managers has been implementing over the past year.

Greece: the sideshow continues

Artemis managers James Foster, Mark Page and Laurent Millet comment on the Greek deal, describing it as “just another fudge” getting in the way of bigger developments in China, the UK and the US. To read the full article click here.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment