Keydata

£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