PFS teams with FCA to launch anti-scam campaign

Advisers will get 'special' reporting link to alert FCA

Tom Ellis
clock • 2 min read

The Personal Finance Society (PFS) and Financial Conduct Authority (FCA) are to team up to launch a national campaign against scammers, the professional body's chief executive has said.

Speaking at the PFS National Planning Symposium in London on 24 November, Keith Richards (pictured) urged advisers to get behind the campaign, which aims to crack down on rogues targeting consumers. As part of the campaign advisers will be given a "special link" to warn the FCA when they spot a scammer or cold-caller. "Professionals like you will sniff out scammers quicker than the general public," he said. "You will sniff out a potential scam quicker than your family or friends. We have a duty to do something about this." Richards said the regulator has been "geared up" for an inc...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Culture is the most effective risk tool wealth managers are missing out on

Culture is the most effective risk tool wealth managers are missing out on

'Understanding a firm's culture is understanding its risk profile'

Bev Shah
clock 09 January 2026 • 5 min read
FCA sets October 2027 date for implementation of cryptoasset rules

FCA sets October 2027 date for implementation of cryptoasset rules

Issues further guidance

Michael Nelson
clock 09 January 2026 • 1 min read
WH Ireland shareholders back Team takeover in key vote

WH Ireland shareholders back Team takeover in key vote

FCA clearance still required

Sahar Nazir
clock 09 January 2026 • 3 min read