FCA to cap CMC fees at £10,000

The FCA will cap fees for Claims Management Firms at £10,000 from 1 March, it confirmed today.

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FCA fines claims management company £110,000

 

The FCA has fined claims management company Crosfill & Archer Claims Limited £110,000 for making cold calls.

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Editor’s Column: Phoenixes need to be shot down

 

Whenever I hear of a new regulatory initiative designed to crack down on rogues or bad practice I always resist the temptation to cheer straightaway.

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40 CMC phoenixing complaints in 1 week - PFS

The Personal Finance Society says it has received up to 40 complaints in 1 week about CMC ‘phoenixing.’

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