All the updated news related to finfluencers

All the news related to finfluencers updated in real time

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Personal Finance

Influencers warned of the risks of promoting ‘get rich quick’ schemes

Influencers are being warned by regulators of the risks of promoting illegal “get rich quick” schemes. The Financial Conduct Authority (FCA) and the Advertising Standards Authority (ASA) have teamed up with influencer Sharon Gaffka to issue the ...

06 Apr 2023 at 11:44

Financial watchdog cracks down on ‘finfluencers’ and TikTok money adverts

The UK’s financial watchdog is clamping down on social media “finfluencers” and adverts like crypto “memes” on platforms such as Instagram or TikTok which could be harming consumers. Often unauthorised influencers promoting financial products ...

17 Jul 2023 at 17:03

‘Finfluencers’ plead not guilty over unauthorised Instagram scheme

A group of influencers and former reality TV stars have pleaded not guilty to sharing an unauthorised investment scheme with the public, but will not be tried until 2027. Former Towie cast member Lauren Goodger and reality stars Jamie ...

11 Jul 2024 at 13:09

Personal Finance

Finfluencers need to check they are not breaking the law, City regulator warns

Finfluencers need to check the products they promote to ensure they are not breaking the law or putting followers’ money at risk, the City regulator has warned. Social media influencers may use their platform to promote financial ...

22 Oct 2024 at 00:01

Personal Finance

Crackdown launched on ‘rogue financial promotions’ by some influencers

Regulators have joined forces for an international crackdown to protect social media users from rogue promotions by some financial influencers, or “finfluencers”. The week of action started on June 2 and involved the Financial ...

10 Jun 2025 at 08:48

Personal Finance

More than half of people who acted on social media financial advice ‘lost money’

More than half of people who have acted on financial advice they came across on social media said they ended up losing money, according to a bank. Of the 31% of people who said they had acted on financial advice on social ...

09 Jul 2025 at 00:01

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