Gill Cardy: We're not going to survive on good wishes alone

The arguments on message boards and forums are well-worn. With the FSA pushing on with RDR, representation for advisers seems more important than ever. But do advisers need another trade body – or are the current options good enough? Gill Cardy decided to found the IFA Centre after the Association of IFAs (AIFA) announced in July it would admit ‘restricted’ advisers – the post-2012 name for tied practitioners, albeit ones who must hold the same minimum qualification as an IFA. A focused voice Without proper representation, Cardy says, there is a danger truly independent advice would...