Norwich and Peterborough

Norwich & Peterborough Building Society (N&P) has requested more time to deal with complaints from customers caught up in the Lifemark scandal.

Lawyers representing Norwich & Peterborough (N&P) customers sold Keydata products have written to CEO Matthew Bullock accusing him of seeking "special treatment" over compensation claims which could hit thousands of IFAs.

Tory MP Zac Goldsmith has pledged to take up the fight for Keydata investors after being contacted by an IFA with clients' money in the failed investment company.

Four MPs from Norfolk have pledged to get justice for investors with money caught up in failed investment firm Keydata.

The full extent of Norwich & Peterborough clients' over-exposure to Keydata products has been laid bare as law firm Regulatory Legal says the issue will likely end in the courts.

Norwich & Peterborough Building Society will today receive letters from solicitors acting on behalf of 250 customers, demanding compensation for investment advice they received relating to Keydata plans.

Adviser Alliance(AA)has bemoaned the rise of consumer power in light of the first successful Keydata claim and says advisers should not "carry the can" for company failings.

The Keydata victims website has been relaunched after its predecessor was forced to shut-down following a libel dispute.

Norwich & Peterborough's (N&P) chief executive says its customers lost money in Keydata because of fraud, not mis-selling, and he has passed the buck for compensation to the FSA and FSCS.

Norwich & Peterborough (N&P) Building Society will no longer offer structured products to its customers after having its fingers burnt in the Keydata debacle.