This week's news condensed...

Honister The drama around the collapse of Honister continued, with a war brewing over the actions of providers facilitating bulk transfers and the question of who owns the trail commission. FSCS The scale of adviser discontent with the FSCS was revealed when a PanaceaIFA set out the lack of trust in the scheme. Some IFAs had particularly harsh words to say. Commission Standard Life revealed drop off in money flowing into new-style propositions and UK chief executive Paul Matthews (pictured) blamed some particularly attractive commission offers from its competitors. Phony FSA ...