TITLE

Regulator had fears over risk posed by Keydata phone sales

AUTHOR(S)
Stodell, Hannah
PUB. DATE
June 2009
SOURCE
Money Marketing;6/18/2009, p2
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the concerns of the Financial Services Authority (FSA) over the outward telephone approach of Keydata Investment Services to distribution on structured products in Great Britain. It states that the FSA was concerned the sales relationship between the independent financial advisor (IFA) and Keydata was not close enough. According to the article, Keydata is believed to have deployed sales staff to deal with more complex business with IFAs.
ACCESSION #
43089672

 

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