Hundred AWD clients 'reviewing Keydata advice'

Laura Miller
clock

More than 100 clients of AWD Chase de Vere are understood to be re-assessing the advice they received on investments made in Keydata.

It follows a recent financial Ombudsman (FOS) recommendation that AWD compensate one client who claimed he had been over-exposed to the failed provider. AWD is currently challenging that ruling. However, law firm Regulatory Legal says it has received "a significant number" of enquiries from other AWD clients invested in Keydata. The clients have requested from the law firm an information pack on how to claim compensation if they believe they were mis-sold or over-exposed to Keydata investments. Regulatory Legal says the number of enquiries it has so far received about AWD is secon...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA launches trio of crypto consultations as UK interest nears tipping point

FCA launches trio of crypto consultations as UK interest nears tipping point

Consumer protection and innovation

Patrick Brusnahan
clock 16 December 2025 • 2 min read
Cryptoasset legislation in UK to come into force in 2027

Cryptoasset legislation in UK to come into force in 2027

Consumer protection

Cristian Angeloni
clock 15 December 2025 • 1 min read
Decoding the conflicting investment advice of Warren Buffett

Decoding the conflicting investment advice of Warren Buffett

'He leaves us with a wealth of opinion and information about markets and investing'

Laith Khalaf
clock 09 December 2025 • 5 min read