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Keydata

Regulation

FSCS begins interim levy refunds

The Financial Services Compensation Scheme (FSCS) has begun reimbursing firms some or all of their share of a £326m interim levy after they successfully applied for a refund.

clock 11 November 2011 •

Investment

Stay of execution for Lifemark as liquidation vote postponed

Lifemark investors have forced a meeting to decide the fate of the troubled portfolio to be postponed while a potential rescue deal is hammered out.

clock 08 November 2011 •

Economics / Markets

This week's news... condensed

Ten of this week's best-read stories...

clock 04 November 2011 •

Investment

FSCS only Lifemark deal in town as Ford's bank backer walks

The Financial Services Compensation Scheme looks set to stump up $10m to allow a controlled liquidation of Lifemark after the main contender for a rescue of the fund pulled out.

clock 02 November 2011 •

Investment

AWD defends Keydata advice as it joins FSCS' lawyers hitlist

AWD Chase de Vere has defended its recommendations as "sound" after it became the latest IFA accused of giving negligent advice on Keydata products by lawyers acting for the Financial Services Compensation Scheme.

clock 31 October 2011 •

Your profession

This week's news… condensed

Ten of this week's best-read stories...

clock 21 October 2011 •

Investment

Future of Lifemark goes to the vote next month

Lifemark investors and the Financial Services Compensation Scheme (FSCS) will next month get to vote on whether to opt for a controlled liquidation of the troubled porfolio or plump for Keydata founder Stewart Ford's $150m rescue bid.

clock 20 October 2011 •

Investment

FSCS gazumps Ford with 'conflicted' Lifemark rescue offer

The Financial Services Compensation Scheme (FSCS) has put together a deal to provide liquidity for the Lifemark portfolio to rival a $150m loan offer brokered by Keydata founder Stewart Ford.

clock 17 October 2011 •

Your profession

This week's news... condensed

Ten of this week's best-read stories...

clock 14 October 2011 •

Investment

FSCS lawyers: Any competent IFA would know Keydata was high risk

All advisers who recommended Keydata products to low or medium risk clients who later claimed compensation, face the threat of legal action and crippling repayments to the Financial Services Compensation Scheme, lawyers acting for the organisation have...

clock 13 October 2011 •
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