FCA issues third insurance scam warning in three weeks

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Regulator tells public to be “especially wary” of dealing with Youcompareinsurance.

The Financial Conduct Authority (FCA) has flagged Youcompareinsurance as a website which it believes has been providing financial services or products without authorisation.

The FCA noted that “some firms act without our authorisation and some knowingly run investment scams” as it detailed email addresses, an 0333 phone number and a .co.uk site to avoid.

It urged people to be “especially wary” and use a regulated firm.

Clicking on the .co.uk web address, which does not contain the www. prefix

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