FSCS legal team awarded for pursuit of Keydata advisers

Laura Miller
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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.

Keydata collapsed in 2009, leading to thousands of mis-selling claims against advisers, and a decision by the FSCS to pay out compensation to investors on the grounds they had suffered widespread "fraudulent...

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