FCA focuses on marketing, misleading ads, unfair exit fees and people being signed up without their permission
The City regulator has launched a review of claims management companies amid concerns that firms are misleading victims of financial scandals, such as car finance, about their compensation.
The Financial Conduct Authority (FCA) said some companies were pursuing “aggressive marketing, misleading advertising and unfair exit fees”.
Continue reading...This article was originally published by The Guardian and written by Lauren Almeida.
Read original article on The Guardian