This week's news… condensed

Honister Thinks had looked bad for a while but it was nevertheless a big blow for hundreds of advisers when Honister went into administration. Some thought the whole affair had been dealt with poorly. No charge, no regulation An interesting amendment to the Financial Services Bill was proposed by two Labour MPs which could lead to financial advisers not having to be regulated if they do not charge for their services CIPs The FSA issued its final guidance for firms using centralised investment proposition, and there was a third way proposed for advisers using DFMs. Barclays m...