FSA bans broker for sales techniques
Financial Services Authority bans Aaron Nickols, trading as Warwick Finance, for "widespread systems and controls failings"
The Financial Services Authority (FSA) has banned Aaron Nickols, trading as Warwick Finance (Warwick) for not being fit and proper to run a mortgage and insurance business.
The FSA’s investigation found that Nickols failed to ensure his customers were treated fairly and failed to prevent his staff using high pressure sales techniques.
The high pressure tactics included making unsolicited phone calls to the public, falsely claiming to represent well known high street financial service providers
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