Regulation

Neptune has launched a Defensive Managed fund as it becomes the latest fund group to unveil a lower risk offering.

CASHFLOW

UCIS

IFA support provider SimplyBiz has received more than 90 expressions of interest from member firms keen on taking on advisers affected by the administration of adviser group Honister Capital.

The Association of Independent Financial Advisers (AIFA) has criticised the FSA's handling of the administration of Honister Capital.

An insurance broker has had her permissions to carry out regulated activities cancelled by the Financial Services Authority (FSA) on suspicions that her firm is being controlled or managed by others.

The Solicitors Regulation Authority (SRA) will have 'no choice' but to soften its guidelines for referrals to intermediaries, according to Ian Muirhead managing director of SIFA.

The chairman of the Financial Services Authority (FSA) has defended the current system of regulatory fees and levies for small firms, arguing they are proportionate to the size of the firm.

HONISTER

Barclays' submission of a memo to the Treasury Select Committee has revealed how Bank of England (BoE) officials advised the bank on LIBOR.