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10 Jun 2009
Administrators at PwC have received multiple bids for Keydata Investment Services, the investment company with £3bn under management, according to reports.
PwC partners Dab Schwarzmann and Mark Battern, who took over Keydata on Monday after it was placed into administration by the Financial Services Authority over a £5m tax liability.
Jubilee Financial products and investment busibess Opal and two of the bidders, according to the Financial Times.
the tax liability arose because Keydata sold individual savings accounts that were not compliant with investment rules.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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