Financial Services Authority - FSA
To check on
providers, you can go to the Financial
Services Authority Firm Checking Service. There you will find
a complete listing on all companies registered with the FSA, as
well as details on a number of unauthorized companies that are
currently targeting UK investors and an overview of currently
popular scams.
Just as in
other markets, there will be providers that are more ethical and
fairer than others. Though there may be companies or individuals
that are actually just out to swindle the unwary, these cases
are thankfully few and far between.
Still, it is
always worth checking out the credentials of any company or individual
you deal with,
whether they are providing you with
products, services or information. Make sure that you deal only
with companies and individuals registered by the Financial Services
Authority.
This also
applies to products and services where the company or individual
is not required by law to be registered. You more likely to be
dealing with an ethical party if the company or individual in
question is voluntarily registered or authorised because of other
areas of their business.
We would suggest
you to visit the Financial Services Authority - FSA website for
more information.