Advisers call on PIMFA to prove its worth

Affluent Financial Planning director Carl Melvin received an annual membership fee request of £241 from the trade body on 1 September but questioned whether it was worth the money. He said he had received no further communication from PIMFA that "grabbed his attention", adding: "It's a little disappointing that my first communication seems to be asking for fees. "My take on it is - that's fine, but maybe you should explain what value I get, what you're going to do and how you're different. Why should I subscribe to you ahead of others?" Melvin said before receiving the bill he woul...