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SFO officially launches investigation into Keydata

The Serious Fraud Office has confirmed that it has officially launched an investigation into Keydata Investment Services.

In June the SFO was called in to examine a suspected fraud after more than £100m appeared to have vanished from Keydata products invested in Luxembourg based vehicle SLS Capital.

The SFO has confirmed that this inquiry has gone from a ‘consideration issue’ to a fully launched investigation.

Initially the SFO was making an assessment on the information it had received and whether it should merit SFO resources and expertise.

A SFO spokeswoman would not comment on the scope of the probe for operational reasons.


Bupa International launches worldwide PMI

Expatriate health insurer Bupa International has created Worldwide health options, a private medical insurance plan comprising a core element with four options that can be bolted on.The plan took 18 months for the company to develop. It researched the market to discover which features people considered the best amnd rolled them into a single product.The […]


A law unto themselves

The Law Commission has outlined a series of principles for advisers to follow when dealing with insurance firms in a bid to clarify when an intermediary is acting on behalf of the insurer or consumer.

Directors, limited liability partners and auto-enrolment

By Jim Grant, Senior Product Insight & Technical Support Analyst 6 April 2016 brought in changes to employer duties for directors and partners in limited liability partnerships. Here we explain exactly what’s changed. Before 6 April 2016… Directors of limited liability companies where there were no other directors or employees were exempt from the employer […]


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