N&P Keydata victims offered £2m in interest-free loans

The Society recommended Keydata products to its members and is now putting aside £2m to help 1,600 customers who have seen their income dry up after Keydata went into administration last year. Its advice arm sold a range of products from Keydata Investment Services to about 3,500 people, with investments ranging from £5,000 to more than £100,000. N&P has investors in Keydata Secure Income Bond 3, Keydata Secure Income Bond 4, Keydata Secure Income Plan, Keydata Income Plan, Keydata Income Plan 2 to 12 and 14, and Keydata Defined Income Plan 5 year Special Editions 2 to 8. Last mont...