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Sale of Keydata as a whole no longer possible, PwC reveals
The administrators of Keydata Investment Services (KIS) have revealed that it will not be possible to sell the company as a whole, following the discovery of 'potential issues' with the suspended fund range.
Investors will, however, continue to receive income from Keydats's Secure Income Bond 4, Secure Income Plan 1-12 and 14 and Defined Income Plan 1-8, Special Editions and other Lifemark branded products.
But redemptions on all of these products have been put on hold.
