AIFA rebrands as Association of Professional Financial Advisers

The Association of Independent Financial Advisers (AIFA) is to change its name to the Association of Professional Financial Advisers (APFA).

It follows the decision to permit both restricted and independent advisers as members to reflect changes brought about by the Retail Distribution Review.

Members are being informed of the proposed change and it will be put to a vote at the organisation's Annual General Meeting on 13 November.

Lord Deben, chairman of AIFA, said: "It's critical that we respond to the changing advice and regulatory landscape, and also to the needs and priorities of our members.

"The new structure will enable firms to continue to be eligible as members, despite the rule changes placed upon their businesses by the regulator."

In February, the Association of Mortgage Intermediaries (AMI) split off from AIFA to establish itself as an independent organisation after nine years.

At the time, Lord Deben said the changes would allow AIFA to focus solely on the interests of investment intermediaries.

More on Technology

National Friendly partners with Munich Re on income protection simplification

National Friendly partners with Munich Re on income protection simplification

Proposition launched in October

John Brazier
clock 03 December 2021 • 1 min read
Government scraps NHSX and NHS Digital

Government scraps NHSX and NHS Digital

Merged into one digital NHS body

John Brazier
clock 23 November 2021 • 2 min read
COVER Protection & Health Summit 2021: In pictures

COVER Protection & Health Summit 2021: In pictures

A photo gallery from the COVER Protection & Health Summit 2021, held at The Brewery, London, on 2 November.

COVER
clock 05 November 2021 • 1 min read

Highlights

COVER Excellence Awards 2021: All the winners revealed!

COVER Excellence Awards 2021: All the winners revealed!

Leading With Distinction

COVER
clock 03 November 2021 • 2 min read
COVER Excellence Awards 2021: The Night in Pictures

COVER Excellence Awards 2021: The Night in Pictures

A photo gallery from COVER Excellence Awards 2021, held at The Brewery, London, on 2 November.

COVER
clock 03 November 2021 • 1 min read
Gosia Bowling: The role of behavioural science in creating a menopause-friendly workplace

Gosia Bowling: The role of behavioural science in creating a menopause-friendly workplace

'The key to supporting menopausal women is creating a culture in which conversations are welcomed and expected'

Gosia Bowling
clock 02 November 2021 • 6 min read