Keydata
Regulation
The Financial Services Compensation Scheme (FSCS) has detailed how it plans to distribute recoveries it anticipates to receive from Lifemark SA, a bond provider whose products were marketed in the UK by collapsed firm Keydata, with investment advisers...
22 May 2013
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Regulation
High Financial Services Compensation Scheme (FSCS) levies are the result of legacy industry issues and will "begin to fall within two years", according to AWD Chase de Vere communications director, Patrick Connolly.
12 April 2013
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Regulation
Care Asset Management has been fined £56,000 by the Financial Services Authority (FSA) for breaching customer trust over Keydata.
27 March 2013
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Regulation
The Financial Services Compensation Scheme (FSCS) could receive an upper limit of 66,700 new claims in 2013/14.
06 February 2013
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Regulation
The Financial Services Compensation Scheme (FSCS) will levy an estimated £76m on investment advisers in 2013/4, with failed firm Keydata highlighted as one of the main cases contributing to the overall bill.
06 February 2013
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Regulation
The Financial Services Compensation Scheme (FSCS) is proposing to budget more than £7m for expenses related to recoveries in 2013/14, including from advisory businesses who recommended Keydata bonds.
28 January 2013
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Investment
The Financial Ombudsman Service (FOS) has revealed details of a Keydata claim where it ruled against the IFA but decided no redress would be paid to the investor.
05 December 2012
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