AIFA

Statutory watchdog Consumer Focus' report on pension advice was roundly condemned by advisers but was its criticism justified?

Andrew Strange is to step down as policy director of the Association of Independent Financial Advisers (AIFA) after nearly five years at the organisation.

Clive Waller explains why he is backing the trade body's decision to open its doors to restricted advisers.

A decision by the FSA to delay a requirement for advisory firms to hold more capital has been broadly welcomed by the industry, but one IFA has questioned the motive behind the move.

The trade body for independent advisers has called on the FSA to use the extra two years it has permitted for firms to meet its capital rules to reconsider their impact on small businesses.

And five big stories this week were...

The Association of Independent Financial Advisers (AIFA) is to extend membership rights beyond IFAs as it adapts to upcoming regulatory changes.

AIFA's decision to embrace restricted advisers has gone down like a lead balloon with the industry's twitterati, with one adviser preferring Tesco to his own trade body.

AIFA has announced it is to begin accepting ‘restricted' advisers as members to reflect the changing face of financial advice.

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.