Blog: Why Arch Cru advisers may soon face Keydata-style attack

Noises from the Financial Services Authority on Arch Cru advice are increasingly echoing the regulator's stance on recommendations to invest in Keydata. FSA managing director Margaret Cole has told MPs the "driving force" in the FSA's decision to broker a limited redress deal for Arch Cru investors with Capita, HSBC and BNY Mellon, was "to protect consumers and...