Address
A F H House
Buntsford Drive
Stoke Heath
Bromsgrove
B60 4JE
B 6 0 4 J E
UNITED KINGDOM
Current Status: No longer authorised
Reference Number: 752619
Website: Not Listed
Link to FCA: https://register.fca.org.uk/s/firm?id=001b000003REDjUAAX
A F H House
Buntsford Drive
Stoke Heath
Bromsgrove
B60 4JE
B 6 0 4 J E
UNITED KINGDOM
A firm with the status "No longer authorised" may have had its authorisation removed for a variety of reasons, such as voluntary cancellation by the firm, failure to meet regulatory requirements, non-compliance with rules and regulations, enforcement action taken by the FCA, failure to pay FCA fees, or inactivity. It is important to check the FCA register or contact the FCA directly to find out more details about the exact reason why a firm has lost its authorisation.
These measures can help firms identify and address any potential issues before they become a problem.
The UK financial services industry has experienced a number of high-profile cases of financial mis-selling in the past, including Payment Protection Insurance (PPI), Interest Rate Hedging Products (IRHP), endowment mortgages, and pension products. These cases and others have resulted in billions of pounds in compensation paid out to affected customers. In response to these issues, the Financial Conduct Authority (FCA) has taken significant steps to protect consumers from mis-selling, including issuing enforcement actions, introducing compensation schemes, and implementing new regulations to improve disclosure and transparency. Despite these efforts, the risk of mis-selling persists and requires ongoing oversight by the FCA and vigilance from the industry.
If you believe you have been mis-sold a financial product or service, you may be able to seek compensation. The process typically involves contacting the firm responsible, escalating to the Financial Ombudsman Service, and in some cases filing a claim with the Financial Services Compensation Scheme. Time limits may apply, so it's important to act promptly, and independent advice may be a good idea if the claim is complex or involves a large sum.