Keydata

The Financial Conduct Authority (FCA) has banned a former adviser to SLS Capital - the company whose bonds underpinned the failed Keydata investments - for giving the misleading impression that the SLS bonds were soundly backed assets.

Arch Cru and the inevitable after effects for PII

There exists a "nervousness" in the professional indemnity insurance (PII) market which could force more IFAs to offer restricted advice, according to Prudential distribution change director Russell Warwick.

A group of Lifemark-backed Keydata bond investors are renewing their efforts to organise a public inquiry into the collapse of the investment scheme nearly five years ago, by lobbying their MPs to act.

CIRCLE OF TRUST

The Financial Services Compensation Scheme (FSCS) is expecting to make further payments to Keydata investors from Lifemark recoveries after reviewing the case.

The Financial Services Compensation Scheme (FSCS) will this week begin making extra payments to Lifemark investors whose claims exceeded the maximum compensation limit.

The Financial Conduct Authority (FCA) is preparing to restart its disciplinary action against Keydata founder Stewart Ford after his attempt to appeal a previous High Court ruling was quashed.

The Financial Services Compensation Scheme (FSCS) has revealed it has paid out £25m in compensation to investors in Arch Cru and £1.8m over Keydata this financial year.

Network Tenet has reported a loss of £4.4m after making a £4.5m provision for claims relating to Arch Cru and Keydata.