AIFA

Industry stakeholders are questioning the legitimacy of FSA proposals imposing a time limit on advisers to attain qualifications.

The Association of IFAs (AIFA) is working with Legal & General (L&G) to research ways advisers can apply alternative business models to their firms to prepare for "unparalleled change".

The regulator says it will not implement AIFA's call for a "major overhaul" of adviser levies until further consultation, which will not see any changes introduced until 2011/12.

Chancellor George Osborne is being urged to honour his pre-election pledge a Conservative government would restore Britain's savings culture.

The per-firm impact of the controversial £58m FSCS interim levy has been highlighted by figures showing more than 450 IFAs opted to pay their share in instalments rather than as a lump sum.

The Association of IFAs today paid tribute to "outstanding" council member Ian Thorneycroft, who died following a 15-month battle with cancer at the weekend.

AIFA is inviting members to a series of events to examine and debate the future of the FSA and financial regulation following the establishment of a coalition Government.

AIFA is reassuring members it has not given up the fight to ensure intermediaries do not foot the £58m compensation bill to cover the failure of investment ‘provider' Keydata, following veiled criticisms about its apparent inaction.

The FSA is set to clarify the fate of trail commission when clients switch adviser from 2013 following concerns from advisers and providers.

Restoring faith in retirement saving and cutting the protection gap...the new Government has a busy time ahead