Sumary of FCA Outlines Plan to Tackle Investment Scams:
- According to the recently introduced strategy, FCA aims to halve the number of consumers who are investing in high-risk products by 2025. The regulatory body will also publish the outcomes of the new strategy in the near future.
- To achieve the mentioned targets, FCA has set out a package of measures including the launch of a new £11 million investment harm campaign, to help consumers make better-informed investment decisions and to reduce the number of people investing in inappropriate high-risk investments.
- We want to give consumers greater confidence to invest and to help them do so safely, understanding the level of risk.