Keydata Investment Services has hit out at the FSA saying the regulator did not need to declare it insolvent and there "was another route out".
A source close to the structured product (SP) administrator, which has £2.8bn assets under management, says it does not agree with the FSA's decision and believes it has not acted in the best interests...
200,000 LISAs opened so far
From June 2019
11 years since launch of three Chartered titles
Hired 200 extra operational staff
Slow progress in improving diversity