FSA cancels permissions for IFA run by ex Bestinvest pair

London-based Intethic, established in 2008, failed to notify the FSA of adequate, current contact details and to respond adequately to FSA communications, the regulator says. "Intethic has not been open and co-operative in all its dealings with the FSA and has thereby failed to comply with Principle 11 of the FSA's Principles for Businesses and to satisfy the FSA that it is ready, willing and organised to comply with the requirements and standards under the regulatory system," the FSA's Final Notice reads. It adds the firm is "not conducting its business soundly and prudently and in c...