Yorkshire finance specialist to expand workforce following FCA authorisation

A Yorkshire-based finance specialist has announced it will create 15 new jobs across its departments as part of its expansion plans.

Lead Tech has become one of the first lead generation specialists in the UK to secure authorisation from the Financial Conduct Authority (FCA).

The Otley-headquartered company works with FCA regulated financial advisers, from small businesses through to FTSE 100 companies, and connects advisers with approximately 10,000 potential clients every month.

It comes as new rules are due to be introduced later this summer to stop unscrupulous operators and scammers posting fake financial adverts online.

Nigel Borwell, joint CEO at Lead Tech, said: “Becoming one of the first major lead generation companies in the UK to pave the way and secure authorisation from the FCA is a huge achievement for everyone at Lead Tech and cements our position at the forefront of our industry.

“For too long, dishonest lead generators have been using Google to peddle misleading financial adverts and scams, so these changes are extremely good news for UK consumers.

“We have always been advocates of consumer-first marketing and believe wholeheartedly that this will result in a much better and safer experience for consumers, because it will give them the peace of mind that adverts for financial products and services are only from reputable companies.

“We embarked on the journey to becoming FCA authorised back in 2020 and have worked extremely hard and consulted closely with the regulator throughout, to ensure that both our clients, and the consumers we introduce them to, continue to enjoy a completely transparent service.

“It now gives us the perfect platform to build upon as we continue growing our team this year in line with a host of exciting contract wins.

“Whilst being one of the first lead generation specialists in the UK to secure FCA authorisation may give us a temporary advantage over our competitors, we’re looking forward to seeing other reputable companies within our industry following our example.

“Ultimately, as more companies follow suit, it will significantly benefit both the industry, its reputation and most importantly, the consumer.”