Address
Unit 4
27 Bank Street
Irvine
Ayrshire
KA12 0AJ
K A 1 2 0 A J
UNITED KINGDOM
Intelligent Move Ltd
Current Status: No longer authorised
Reference Number: 221445
Website: Not Listed
Link to FCA: https://register.fca.org.uk/s/firm?id=001b000000MfNyHAAV
A firm with the status "No longer authorised" may have had its authorisation removed due to one or more of the following reasons: voluntary cancellation, failure to meet regulatory requirements, non-compliance with rules and regulations, enforcement action, failure to pay fees, or inactivity. It is important to check the FCA register or contact the FCA directly in order to get more details about a particular firm's authorisation status and the reasons for any changes.
Potential causes of non-compliance include inadequate systems and controls, poor governance, insufficient staff training, misleading or inaccurate disclosures, conflicts of interest, breaches of conduct rules, inadequate client protections, financial crime, data protection breaches, and inadequate capital or liquidity.
The UK financial services industry has seen a number of high-profile cases of financial mis-selling in recent years, such as Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), endowment mortgages, and pension products. These cases have led to billions of pounds in compensation being paid to affected consumers and businesses. The Financial Conduct Authority (FCA) has taken action to address mis-selling through enforcement measures, redress schemes, and new regulations to improve disclosure and transparency. However, the risk of mis-selling still exists and requires ongoing vigilance from both the regulator and the industry.
If you believe you have been mis-sold a financial product or service in the UK, it's important to understand the process for seeking compensation and to act quickly. Those who have been mis-sold financial products or services in the UK may be eligible to receive compensation. The process typically involves first contacting the firm that sold the product or service to file a complaint. If the firm rejects the complaint or the consumer is not satisfied with the response, the issue can be escalated to the Financial Ombudsman Service (FOS) for an independent review. In cases where the responsible firm is no longer in business or has been declared in default, a claim can be filed with the Financial Services Compensation Scheme (FSCS). It's important to act promptly and consider seeking independent financial or legal advice, as the process and eligibility criteria may vary depending on the financial product and circumstance.