Number of claims management firms halves after FCA clampdown

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The number of claims management firms authorised by the UK’s financial watchdog has nearly halved since the beginning of the decade after the regulator “raised the bar” for firms in the sector.

A Freedom of Information request by financial services consultancy Broadstone revealed 483 claims management companies (CMCs) operate in the sector, compared with 942 https://www.cityam.com/claims-management-firms-halve-after-fca-shake-up/">[...]