Are you an IFA looking for legal representation re FSCS?

11 Jun 2012

The Financial Services Compensation Scheme (FSCS) has recently issued and served proceedings against hundreds of IFA's relating to the sale of Keydata products claiming that IFA's were negligent and/or in breach of contract in selling those products, following the collapse of Keydata in June 2009.

Trethowans has already been instructed by one IFA in relation to these proceedings and clearly there are benefits in IFA’s pooling their resources given the similar nature of the allegations being made against them.  So, if you are an IFA looking for legal representation then please get in touch.

IFA’s should first check their insurance policies to see whether they are covered for such claims.


Richard Cook