Lowell receives FCA authorisation

Lowell, a provider of credit management services, specialising in debt recovery, data analytics and consumer insight, announced today that its UK operating businesses – Lowell Portfolio 1 Ltd; Lowell Financial Ltd and Fredrickson International Limited – have been granted full Financial Conduct Authority (FCA) authorisation.

James Cornell, Group Chief Executive, said: “We are delighted that our companies have received FCA authorisation – this is an important milestone for our Group. The fair treatment of our consumers has always been at the heart of Lowell´s business and the FCA authorisation supports our consumer-centric approach.”

Colin Storrar, Group Chief Financial Officer, added: “Compliance beyond legal requirements is a key element of our Group DNA and we are committed to continuously developing our high standards.”