The FCA has issued a scam warning about a firm called ‘My Scam Adviser’ which claims to help scammed investors recover their money.

The FCA has issued a warning after several parts of the Quilter business were targeted by clone scammers.

It won’t have escaped the attention of those of us in the industry that the Financial Conduct Authority has made changes to the FCA Register, removing the name of all those in customer facing roles (except where they hold a senior management function).   

Fraud worth £820m was stopped in the first half of 2019, up 14% on the previous year, according to the latest figures from UK Finance.