The Financial Conduct Authority is probing more than 150 Coronavirus-related scams, according to a Freedom of Information request.

Reports of investment scams rose 49% to a record high in July at banking giant Barclays, the highest ever number recorded.

The Personal Finance Society has launched a campaign to encourage Financial Planners to share warning signs of Coronavirus scams with their clients.

Financial Planning Wales, a Chartered Financial Planner firm, has become the latest firm to face a cloning scam as the FCA warned that scammers are using fake details of the company to try to con people.