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Keydata

Your profession

Will N&P's Keydata payout set a precedent?

Norwich & Peterborough (N&P) building society has set aside a massive £57m to cover the cost of compensating customers its IFAs invested in failed investment firm Keydata.

clock 24 March 2011 •

Your profession

AIFA pressures FSCS to consult on levy rebate

AIFA is calling on the FSCS to consult with the industry on exactly how it will rebate levypayers with money repaid to it by Norwich & Peterborough (N&P).

clock 24 March 2011 •

Your profession

FSCS pledges levy 'refund 'on N&P Keydata payout

The FSCS has pledged to use the money it receives from the £57m Keydata compensation deal it struck with N&P to partly refund advisers' levies.

clock 22 March 2011 •

Your profession

N&P to pay Keydata victims £57m compensation

Norwich & Peterborough (N&P) has agreed to pay compensation directly to all customers it sold Keydata products totalling £57m, exceeding the building society's previous outside estimates for the bill.

clock 22 March 2011 •

Your profession

N&P in 11th hour merger talks with Yorkshire BS

Yorkshire Building Society is in advanced talks to acquire Keydata-claims hit Norwich & Peterborough (N&P) building society, according to reports.

clock 18 March 2011 •

Your profession

FSCS scammers hit Keydata victims in latest sting

Keydata victims awaiting compensation have become the latest targets of bogus callers who claim to be from the FSCS.

clock 10 March 2011 •

Your profession

Ten things we've learned this week

Banks eh? You either hate 'em or you hate 'em. It's our weekly round-up of things we've learned this week...

clock 25 February 2011 •

Your profession

CEOs demand immediate Keydata collapse probe

Some of the biggest names in financial services, including Cazenove CEO Andrew Ross and Peter Hargreaves, are calling for a "full and independent" inquiry into the collapse of Keydata to ensure similar failures are avoided in the future.

clock 25 February 2011 •

Your profession

Sants pledges worst Keydata offenders face extra punishment

The chief executive of the FSA has moved to reassure adviser firms the worst Keydata offenders will face further regulatory action, including being fined.

clock 23 February 2011 •

Investment

IMA revealed as mystery frontrunner in Lifemark rescue talks

The Investment Management Association (IMA) has confirmed it is leading efforts to shore up troubled Keydata-backer Lifemark, as part of a bid to recoup the fund management sector's £233m FSCS bill.

clock 21 February 2011 •
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