NDFA says it has expressed an interest in buying Keydata, which went into administration yesterday.
The structured products specialist is the second firm to request updates from administrators PricewaterhouseCoopers (PwC), after Jubilee Financial Products confirmed its interest earlier today. NDFA has asked PwC to keep it closely informed of all major developments regarding Keydata. Managing director Paul Bispham says: "In light of Keydata's demise the administrators will be looking to identify both a plan manager and a Third Party Administrator. "They will be looking to identify companies with the foremost reputations for customer service in Plan Management, Reporting and Administr...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
