The Financial Services Authority (FSA) has said that advisers with Honister Group, which today entered administration, may have to wait a "number of months" before they can be re-authorised.
Law firm Regulatory Legal is preparing to represent some of the 900 advisers affected by the administration of Honister Capital.
Financial advisory group Honister Capital has entered administration after failing to secure professional indemnity insurance (PII) for its member firms.
The vast majority of your clients will value your advice and recommendations, but a few always think they know better. Rahul Odedra asks advisers how they cope with the know-it-alls...