On 24 March 2021 the Financial Sector Conduct Authority (FSCA) issued a public warning against “Future Growth Cash Solutions”, warning the public “to act with caution when dealing with Future Growth Cash Solutions (Future Growth). The FSCA suspects Future Growth of conducting unauthorised financial services business and breaching various financial sector laws.”
We emphasise that the said entity, Future Growth Cash Solutions, is unknown to us and is in no way connected to Futuregrowth Asset Management (Proprietary) Limited. Please view a follow-on press release issued by the FSCA this afternoon that confirms this position.
We join the FSCA in urging the public to be cautious, and to check the credentials of any institution or person with the FSCA before conducting financial services with them.