FSCS in-default register

Keydata Investment Services Ltd

Declared in default8 June 2009FRN 194148

What this means for you

Because Keydata Investment Services Ltd has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Keydata Investment Services Ltd (FRN 194148), which provided investment advice and unregulated collective investment products, was declared in default by the FSCS on 8 June 2009. The firm's customers who held investments through the company may be eligible for FSCS compensation of up to £85,000 per person. This default marked a significant failure in the investment services sector and resulted in substantial customer losses.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.