From the Editor: It is vital AIFA emerges bigger and stronger

Katrina Lloyd
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It seems somehow fitting the Association of IFAs (AIFA) is conducting a root and branch review at the same time as members are mulling their own futures in the run-up to RDR and beyond.

AIFA has not carried out such a major review since launch in 1999 and, according to chairman John Gummer (now Lord Deben) and new director-general Stephen Gay, it is long over-due. However, it is not just the RDR which needs to be taken into consideration but the impact of Europe as well as other regulations, they say. The review will ask how AIFA can best represent IFAs in this rapidly evolving world under a brand new regulatory system. It will look at how the body is funded, whether it needs more resources and also the thorny question of whether to represent restricted advisers as well...

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