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What does FSA authorisation mean?

April 26, 2017authorisation FSA mean

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What does FSA authorisation mean?

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KidStart is authorised by the Financial Services Authority (FSA) to carry out some regulated activities such as arranging investments on your behalf. (Ie: if we put money into a child trust fund which is invested in share or unit trusts, this is a regulated activity). The FSA oversees KidStart in carrying out these regulated activities to ensure that they are performed appropriately. The FSA does not regulate all of our activities but we ensure that we comply with or exceed all of the FSA’s requirements. We are not authorised to hold money on behalf of members. Back to top…