The FCA and Chase de Vere IFA have issued warnings that scammers are using fake details of the firm to try to con people.

The FCA issued a warning today about scammers using a 'clone' of leading tax adviser and wealth manager Smith & Williamson to cheat investors.

The FCA has issued a warning after several parts of the Quilter business were targeted by clone scammers.

The FCA has warned about fake databases purportedly from the regulator being offered for sale on the Raid Forum(s) website.