Address
29 Camelon Street
Glasgow
Lanarkshire
G32 6AF
G 3 2 6 A F
UNITED KINGDOM
Knox Ivory Financial Ltd
Current Status: No longer authorised
Reference Number: 314737
Website: Not Listed
Link to FCA: https://register.fca.org.uk/s/firm?id=001b000000MfSzNAAV
A firm with the status "No longer authorised" may have had its authorisation removed by the Financial Conduct Authority (FCA) 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, or inactivity. To gain further insight into the specific circumstances of a particular firm's authorisation status, it is important to consult the FCA register or contact the FCA directly.
Such measures can help ensure that firms are compliant with applicable laws and regulations, protect their clients and customers, and preserve their reputation.
The UK financial services industry has been the subject of numerous mis-selling scandals in the past, such as Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), Endowment mortgages, and Pension mis-selling. As a result, billions of pounds have been paid in compensation to affected consumers and businesses. In response, the Financial Conduct Authority (FCA) has taken decisive action to address mis-selling issues, including enforcement, compensation schemes, and improved regulations regarding disclosure and transparency. Despite these measures, the potential for mis-selling remains a source of concern, and it is important that both regulators and the industry remain vigilant in order to protect consumers from such practices.
If you have been mis-sold a financial product or service in the UK, it's important to act quickly. You should first contact the firm responsible and file a formal complaint, providing all relevant details and evidence of mis-selling. If the firm rejects your complaint, or you are not satisfied with their response, you can escalate it to the Financial Ombudsman Service (FOS). This is an independent body that will review the case and make a decision, which is legally binding on the firm. If the firm is no longer in business or has been declared in default, you can file a claim with the Financial Services Compensation Scheme (FSCS). It's also recommended to seek independent financial or legal advice, especially for complex or high-value claims. Be aware that there may be time limits for submitting claims, so it's best to act promptly.