A statement regarding keydata investment services

Following a recent document issued by the Financial Services Compensation Scheme (FSCS) to all financial advisors who recommended Keydata products, I would like to explain Fidelius Ltd’s position to all our clients and contacts. Fidelius recommended Keydata products to a small number of clients and as such our exposure to any future litigation is extremely small and will have no material effect on the company even if it is successful.

Fidelius fully expects to be untouched by the FSCS’ action against advisors because, in accordance with our advice process, we recommend every investment with reference to its suitability to the client. Fidelius puts the interest of its clients first in all cases and is predominately a fee earning practise that delivers clear and transparent advice.