The FSA today says it is acting in the best interests of consumers following stinging criticism over its declaration Keydata Investment Solutions was insolvent.
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".
Administrator PriceWaterHouse Coopers (PWC) says early indications suggest investors will not lose money as a result of Keydata going into administration.
Keydata has issued the lastest tranche in its Extra Income Plan series offering 0.65% monthly income, equivalent to 7.8% per annum.
Keydata has launched a website service for advisers, which offers educational content and marketing aids for investment professionals.
Structured product provider Keydata has launched a 100% Capital Protected Growth Plan to meet adviser demand.
Structured product provider Keydata Investment Services has updated its Extra Income Plan offering tax benefits and the ability to hedge against falling markets.
Structured product provider Keydata has launched three plans in response to adviser demand.
The launch of a new Structured Products section on IFAonline is representative of the huge amount of interest and growing demand for these investments.