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FCA warns of fraudulent UBS clone

The FCA has warned consumers about a clone firm of UBS, which has been operating under the name of “UBS Private Wealth Management”. According to the FCA, fraudsters are using or giving out the details under the name of the Swiss bank with a false email and phone number. The FCA warns that scammers may give […]

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FCA ramps up warnings over online investment scams

The FCA is warning the public to be vigilant protecting themselves from online investment fraud, with figures showing investors lost an approximate daily amount of £87,410 to binary options scams last year. Latest data from the FCA’s Scam Smart campaign shows the kind of investor being targeted by online investment scams is changing. The regulator says those under 25 […]

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Property helps drive bumper adviser investment trust inflows

Increased inflows to property investment trusts have contributed to what appears to be a bumper year for advisers buying the closed-ended funds, data from the Association of Investment Companies and Matrix Financial Clarity shows. Although data for the full year is not yet available, investment trust sales for the first three quarters totalled £745m, already surpassing the […]

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