FCA warning over unauthorised ’Financial Planner’

The FCA has issued a warning over an unauthorised firm which claims to carry out ‘Financial Planning’.

The company, UK Financial Management Ltd, was said by the regulator to be “providing financial services or products in the UK without our authorisation”.
The statement added: “Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.
“However, some firms act without our authorisation and some knowingly run investment scams. 
“This firm is not authorised by us and is targeting people in the UK.
“Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.”
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The full company details are:
UK Financial Management Ltd
Address: 30 Stirling Road, Airdrie, Lanarkshire, Scotland, ML6 7JA
10 Newton Place, Glasgow, Scotland, G3 7PR; Suite 147 Maxim One
First Floor, 2 Parklands Way Eurocentral ML1 4WR Scotland ML1 4WR
Telephone: 03335771916, 0333 335 5088
Email: mark.barrett@ukfinancialmanagement.co.uk
Website: http://www.ukfinancialmanagement.co.uk/
The firm’s website read: “We recognise that receiving personal, timely and professional advice is essential; especially when you’re planning financial matters, which can often be bewildering. 
“So, as a small dedicated team we work together to help you find a solution that works.”
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However the FCA warned consumers to be “especially wary of dealing with this unauthorised firm” and said they should learn how to protect themselves from scammers.

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