N&P chairman claims ignorance of Keydata report
Norwich & Peterborough (N&P)'s chairman has claimed a damning internal review of the building society's Keydata sales practices was not brought to his attention until after the investment firm collapsed.
N&P, which was this month fined £1.4m by the FSA and forced to pay redress of £51m for unsuitable advice on Keydata products, carried out an internal compliance review of Keydata recommendations in June...
More on Investment
D2C investment platform users rise to all-time high in Q1
Customer numbers rise an average 3.1% across all providers
Neil Birrell: Negative interest rates have arrived in the UK
Base rate 0.1%
Schroders Personal Wealth hires Morningstar's Brunt to head manager research
Quilter's Jennifer Christian joins as investment specialist
Investors pull £325m from Premier Miton's multi-asset funds
Due to Covid-19
Negative interest rate debate becomes 'very real' as UK inflation drops to 0.8%
Lowest CPI reading since August 2016
Back to Top
More news
FCA bans handful of firms using unauthorised celebrity endorsements
UK investors lost hundreds of thousands of pounds
Libby Holding: Inheritance Tax Relief for emergency workers
Blue-light relief
Two IFAs join Glasgow firm McCrea: 'The company has its moral compass set right'
Lifts advisers to seven
Local adviser podcast celebrates one year anniversary
Produced weekly
AFH cuts dividend in response to coronavirus
Income from advice fees down