The Financial Conduct Authority (FCA) has warned a scammer is operating practically on its doorstep under the name Brookes and Hargreaves.
The firm, which proportes to provide financial advice and wealth management services, is located within five minutes walk from the regulator itself, at 40 Bank Street, Canary Wharf. The FCA warned the firm was un-authorised and was targeting people in the UK. The firm's name Brookes and Hargreaves is not to be confused with Hargreaves Lansdown, an investment broker authorised by the regulator, which is located in Bristol. The FCA said: "We believe this firm has been providing financial services or products in the UK without our authorisation. "Almost all firms and individuals of...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes