FCA updates data strategy to tackle online scams

Contract-based schemes regulator to invest heavily in its use of data

Julia Bahr
clock • 2 min read
FCA head offices in Stratford, London
Image:

FCA head offices in Stratford, London

The Financial Conduct Authority (FCA) has refreshed its strategy of using data to tackle online fraud faster by scanning about 100,000 websites created daily to identify those that appear to be scams.

The hosts of fraudulent websites identified by the FCA are now being proactively requested to shut them down, though they cannot be forced to do so, according to the watchdog. It added that this...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Good News Corner: Rothesay Foundation makes £1m donation to Clarion Futures

Good News Corner: Rothesay Foundation makes £1m donation to Clarion Futures

Donation will support a minimum of 55 wellbeing spaces for the next two years

Jonathan Stapleton
clock 06 March 2026 • 3 min read
Royal London BPA business secures £1.3bn of premiums in first full year of trading

Royal London BPA business secures £1.3bn of premiums in first full year of trading

Firm’s annual results show workplace pension membership has reached 2.2 million savers

Holly Roach
clock 06 March 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Spring Statement, TPR DB report, and QinetiQ scheme appoints Insight as fiduciary manager

Professional Pensions
clock 06 March 2026 • 1 min read
Trustpilot