The trade body for independent advisers is to extend membership beyond IFAs in a move which represents a radical volte-face from its original manifesto but which it said was necessary in a changing advisory landscape.
Harry Katz, principal at north London IFA Norwest Consultants and an AIFA board member, explains why the trade body had little choice but to broaden its membership base, and why the move should not put IFAs off…
AIFA needs money. Your money. It won’t admit that so I’m telling you instead.
Recent moves by banks to pull out of offering in-branch financial advice challenge claims they stand to benefit the most from the retail distribution review (RDR), experts argue.
The Association of Independent Financial Advisers (AIFA) has warned of the potential human rights implications of FSA proposals to collect individual adviser complaints data.
The industry is split on the merits of the Treasury Select Committee's (TSC) key recommendation to delay the RDR for 12 months until 1 January 2014.
The government has rejected calls to prioritise a review of Financial Services Compensation Scheme (FSCS) funding.
The Association of Independent Financial Advisers (AIFA) has voiced fears the Financial Conduct Authority (FCA) could harm the UK's competitiveness.
The Council of Mortgage Lenders has appointed Paul Smee as its incoming director-general, starting on 1 August.
AIFA council member Neil Liversidge has sent out an appeal to 3,000 independent financial advisers (IFA) urging them to join the organisation and help make changes with within.