Address
Burway House
Laleham Reach
Chertsey
Surrey
KT16 8RP
K T 1 6 8 R P
UNITED KINGDOM
Current Status: No longer authorised
Reference Number: 419484
Website: Not Listed
Link to FCA: https://register.fca.org.uk/s/firm?id=001b000000Mfb0sAAB
Burway House
Laleham Reach
Chertsey
Surrey
KT16 8RP
K T 1 6 8 R P
UNITED KINGDOM
A firm with the status "No longer authorised" may have had its authorisation removed due to one or more of the following: voluntary cancellation, failure to meet regulatory requirements, non-compliance with rules and regulations, enforcement action, failure to pay fees, or inactivity. It is essential to check the FCA register or contact the FCA directly to determine the reasons for a specific firm's authorisation status and any changes.
These measures can help firms identify and address areas of risk and ensure they are compliant with applicable laws and regulations.
The UK financial services industry has been plagued with cases of financial mis-selling in the past, most notably involving Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), Endowment mortgages, and Pension mis-selling. In response, the Financial Conduct Authority (FCA) has taken measures to protect consumers from mis-selling and promote fair treatment, through enforcement actions, compensation schemes, and new regulations. Despite this, the risk of mis-selling remains an ongoing concern that requires vigilance from both regulators and the industry.
Consumers who have been mis-sold a financial product or service in the UK may be eligible to claim compensation. The process typically involves first contacting the firm that sold the product or service and filing a formal complaint with all relevant details and evidence of mis-selling. If the firm does not respond or is not satisfactory, the consumer can elevate the issue to the Financial Ombudsman Service (FOS), an independent body that resolves disputes between consumers and financial services providers. If the firm is no longer in business or has been declared in default, the consumer can file a claim with the Financial Services Compensation Scheme (FSCS). It's important to act quickly, as there may be time limits for submitting claims, and to consider seeking independent financial or legal advice. Note that these steps may vary depending on the specific product, service, or circumstances.