CEO explains when and why FSCS pursues recovery action
He dropped his Upper Tribunal case
Management costs reduced 2.5%
Regulatory action against less than 1% of advisers since 2010
£1bn in complaints costs since 2010
Scheme considers liquidated structured products manager liable for some costs incurred by investors
How much can advisers really be expected to know about problem investments before they turn sour?
The Financial Conduct Authority (FCA) has fined independent advice firm John Joseph Financial Services (JJFS) £20,000 for failings relating to the sale of Keydata products.
Adviser noticeboard: Post-it note size stuff for IFAs
The former finance director of failed investment firm Keydata has called the regulator's decision to fine him £350,000 and ban him from working in financial services for life, an ‘ill-informed stich-up'.
The Financial Conduct Authority (FCA) has banned and fined Keydata's former finance director, Craig McNeil, £350,000 for failures relating to the collapse of an investment worth billions at its peak.
The Financial Services Compensation Scheme (FSCS) legal team that helped recover some of the hundreds of millions of pounds it paid out over the collapse of Keydata from financial advisers has been given an industry award for its efforts.
Suspended £400m life settlement fund EEA has revealed possible plans for trapped investors to unlock some of their money - if new investors willing to buy their shares can be found.
From Keydata to Reyker: Clients continue to pay the price
The Financial Ombudsman Service (FOS) has thrown out a test case brought by an IFA who argued charges levied on Keydata investors following a change of custodian to their assets were "excessive" and "grossly unfair".
Is the Keydata scandal coming to a close?
Lies and secret fees: Why is the FCA trying to fine Stewart Ford £75m?
Stewart Ford is seeking £650m in damages from the financial regulator and administrator PricewaterhouseCoopers (PwC) for "causing" the collapse of Keydata, the investment firm he founded and which attracted almost £500m of investors' capital.
The Financial Conduct Authority (FCA) has indicated it plans to fine former Keydata chief executive Stewart Ford £75m and ban him from any role in financial services for failings related to the investments' sales and, ultimately, failure.
Five secrets of a professional indemnity insurance broker
More than 600 adviser firms have been declared in default by the Financial Services Compensation Scheme (FSCS) in the last five years - an average of almost 130 each year - as the impact of a number of high-profile investment failures continues to take...
Total Keydata recoveries have reached £122m, according to the latest figures from the Financial Services Compensation Scheme (FSCS).
The Financial Services Compensation Scheme (FSCS) has appointed eight law firms to form a new in-house panel, which it expects to manage the majority of its legal advice and representation.