Stewart Ford, the former Keydata director whose firm's collapse drove the FSCS interim levy to the highest on record, has denied responsibility for the £326m fee and claimed advisers are a scapegoat for the FSA's mistakes.
Speaking to Professional Adviser, Ford also called for the levy to become a loan to save Keydata backer Lifemark’s assets from a liquidation firesale. This could provide a lifeline for intermediaries and...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till