APFA agrees to accept restricted members

Nicola Brittain
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The newly branded Association for Professional Financial Advisers (APFA) voted to accept restricted advisers at its annual general meeting (AGM) held yesterday.

The association also ratified the change in its name to the Association of Professional Financial Advisers (APFA) at the same meeting.  APFA will now represent financial advisers who are independent or restricted. In addition, as part of elections to the council, Harry Katz stepped down and has been replaced by Alan Lakey (pictured) in the local category. Chris Hannant, policy director at APFA, said: "APFA's new name and membership criteria are an important response to the changing regulatory landscape. "It will allow us to continue our work providing the advice profession with ...

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