Advisers cannot rebrand themselves as a CMC

Industry News | 03/05/19

Opinion piece stating the FCA should look carefully at past records, business plans and structure of individuals concerned before granting authorization:

A recent article on the ability of former advisers to reinvent themselves as ambulance chasers brought to mind the proverb that ‘a wolf in sheep’s clothing is still a wolf’.
This is of particular importance now that claims management companies have to be regulated by the Financial Conduct Authority.

Source: FT Adviser