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PIMFA backs imminent FCA ban on CMC phoenixing 

Wealth management trade body PIMFA has welcomed news that the FCA will ban regulated firms ‘phoenixing’ into Claims Management Companies from 7 July.


FCA introduces CMC fee cap

The Financial Conduct Authority (FCA) has introduced a cap on fees for claims management companies (CMCs).


FCA refuses CMC application as crackdown continues

The Financial Conduct Authority has refused RTC Management Solutions Ltd’s application to be authorised as it continues its crack down of claims management companies (CMCs).


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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