FCA reveals second fine on a CMC this week

The FCA has confirmed details of the second fine on a CMC company this week, this time for copying client signatures.

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‘Ambulance chasers’ must raise advertising standards - FCA

Claims management companies (CMCs) - so-called ‘ambulance chasers’ - must do more to ensure their promotions do not mislead potential customers according to the FCA.

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FOS receives hundreds of ‘ambulance chaser’ complaints

The Financial Ombudsman Service (FOS) has received hundreds of complaints about the activities of claims management companies (CMCs) – so-called ‘ambulance chasers’.

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Ambulance chasers spur huge jump in SIPP complaints

Claims management companies and law firms are submitting two thirds of all SIPP complaints - double the percentage seen in the previous year, according to Financial Ombudsman Service (FOS) figures out today.

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