Address
4.40E+12
Lighthouse IFA (Northamptonshire) Limited
Current Status: No longer authorised
Reference Number: 198056
Website: www.lighthouse-ifa.com
Link to FCA: https://register.fca.org.uk/s/firm?id=001b000000MfJk7AAF
A firm labelled as "No longer authorised" may have had its authorisation removed due to any of the following reasons: voluntary cancellation, failure to meet regulatory requirements, non-compliance with rules and regulations, enforcement action, failure to pay FCA fees, or inactivity. It is important to check the FCA register or contact the FCA directly to find out more information about the specific firm and the reasons for the change in authorisation status.
Such measures can help to identify potential issues and address them in a timely manner, thus avoiding potential regulatory sanctions or reputational damage.
In the past, financial mis-selling has been an issue in the UK financial services industry, with several high-profile cases involving a variety of financial products and services, the most notable being Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), endowment mortgages and pension mis-selling. To address this, the Financial Conduct Authority (FCA) has taken a number of steps, such as launching enforcement actions and compensation schemes, as well as introducing new regulations to promote transparency and disclosure. Despite these efforts, mis-selling is still a concern and requires vigilance from both regulators and industry members.
If you believe you have been mis-sold a financial product or service in the UK, the first step is to contact the firm that sold it to you and file a formal complaint. If you don't receive a satisfactory response, you can then escalate the issue to the Financial Ombudsman Service. 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. It is important to act quickly, as there may be time limits for submitting claims, and to consider independent financial or legal advice.