On , the Financial Conduct Authority issued a warning regarding The Royal London Mutual Insurance Society Limited (Clone of FCA authorised firms)
The FCA went on to note that
Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm.
This is what we call a 'clone firm'; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the 'firm reference number' (FRN) we have given the authorised firm or other details.
You can find out more about this scam tactic and how to protect yourself from clone firms.
Clone firm details
Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:
The Royal London Mutual Insurance Society Limited (Clone of FCA authorised firms)
Address: 3rd Floor, 86-90 Paul Street, London, EC2A 4NE
Telephone: 02070431928, 02031297837, 02031908760, 02037432577
Email: info@royallondonam.com,
scott.stevens@rl-assetmanagement.com
Website: www.royallondonam.com, www.rl-am.com
Be aware that scammers may give out other false details or mix these with some correct details of the registered firm. They may change contact details over time to new email addresses, telephone numbers or physical addresses.
FCA authorised firm details
This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. It is authorised to offer, promote or sell services or products in the UK and its correct details are:
Firm Name: Royal London Asset Management Ltd, The Royal London Mutual Insurance Society Limited, Royal London Marketing Limited
Firm Reference Number: 141665, 117672, 302391
Address: 55 Gracechurch Street London, EC3V 0RL, UNITED KINGDOM
55 Gracechurch Street London, EC3V 0RL, UNITED KINGDOM
Royal London House Alderley Park Congleton Road Nether Alderley Macclesfield Cheshire, SK10 4EL, UNITED KINGDOM
Telephone: 44 02075066500, 44 02075066500, 44 01625717000
Website: www.rlam.co.uk, www.royallondon.com, www.royallondon.com