Unpopular APFA may be, but uninfluential it is not, writes Neil Liversidge...
When asked why I am a member of the Association of Professional Financial Advisers (APFA), it is usually in tones reminiscent of "What have the Romans ever done for us?". So what has APFA done for the profession? Well, it campaigned for a fair limit on advisers' liabilities and lobbied peers during the passage of the Financial Services Bill, succeeding in getting an undertaking that the Financial Conduct Athority (FCA) would reconsider the long-stop. In addition, we have called for an explicit provision to be introduced to make it clear that existing limitation periods, including t...
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