Former Wealth Management Association (WMA) chairman Tim Ingram has stepped down as chair of the Personal Investment Management & Financial Advice Association (PIMFA).
Ingram formally stepped down on 27 June after serving five years on the board. He was succeeded by former Association of Professional Financial Advisers (APFA) chair Lord Deben straightaway. A spokesperson for PIMFA said: "Tim Ingram has been a valued member of the WMA and PIMFA Board since 2012." On 1 June, the merger between APFA and the WMA completed, creating the new body PIMFA. At the time, some advisers expressed concern the wealthier investment arm of the body could dilute the adviser voice, resulting in poorer representation for the adviser community. More recently advisers...
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