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F.P. Consulting Limited

Current Status: In Liquidation

Reference Number: 195084

Website: www.fp-consulting.co.uk

Link to FCA: https://register.fca.org.uk/s/firm?id=001b000000MfHv9AAF


The firm has not confirmed its firm details in the last 12 months. We are addressing this with the firm.

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A firm with the status "No longer authorised" may have had its authorisation removed for a variety of reasons, including voluntary cancellation, failure to meet regulatory requirements, non-compliance with rules and regulations, enforcement action, failure to pay fees, and inactivity. It is important to check the FCA register or contact the FCA directly for more information about a specific firm's authorisation status and the reasons for any changes.

These measures should include proper internal systems and controls, adequate staff training and support, accurate disclosure and transparency, effective management of conflicts of interest, adherence to conduct rules, client protection measures, prevention of financial crime, data protection protocols, and compliance with capital and liquidity requirements.

The UK financial services industry has been plagued by financial mis-selling in the past, with several high-profile cases involving various products and services such as Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), Endowment mortgages and Pension mis-selling. To address the issue, the Financial Conduct Authority (FCA) has taken a range of steps, including enforcement actions, compensation schemes, and introducing new regulations to improve disclosure and transparency. Despite these efforts, the risk of mis-selling still remains a major concern, requiring vigilance from both regulators and industry players to ensure fair treatment of consumers.

Consumers who have been mis-sold financial products or services in the UK may take the following steps to claim compensation: contact the firm responsible, file a complaint through the Financial Ombudsman Service, or submit a claim to the Financial Services Compensation Scheme. It's important to act quickly, as there may be time limits for filing a claim, and to seek independent financial or legal advice if necessary.

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