ABOUT AIFA
About AIFA
Our Role
AIFA has a pro-active, campaigning mandate and is the voice of the IFA profession. We are here to lobby the Government, policymakers, regulators, the media and consumer groups both in the UK and in Brussels, to better represent the needs of IFAs across the country.
Objectives:
- To promote the needs of IFAs amongst those who make decisions that directly impact upon their business
- To collate the views and experiences of IFAs, interpret them to formally challenge policy and the regulator
- To promote the value of independent financial advice
We work on a variety of working groups and cover many issues. Here is a selection of the projects we’re involved in, and expressing the opinions of our members to better direct policy.
Working with the FSA:
- Equity Release Forum
- Financial Capability - Workplace Project Working Group
- Financial Capability - Trade Associations Roundtable
- Financial Promotions Working Group
- FSA Practitioner Panel
- FSCS Funding Review
- Funding Review – Industry Advisory Group
- Intermediaries Industry Liaison Group
- PRECLC
- PII Insurer and Broker Forum
- Regulation of Home Reversions Working Party
- Small Firms Consultation Group
- TA Briefing on Thematic Work
- TCF Consultative Group
- With Profits Advice Research Project
Working with FOS:
- FOS Investment Liaison Forum
Working with the Government:
- Compensation Bill and Regulation of Claims Management Companies
- Constitutional Affairs Select Committee
- Treasury Select Committee – European Financial Services Legislation
- OFT Annual Plan Consultation
- IPT & VAT Group
- Handling HIPS – Qualification Stakeholder Meeting
Working with the ABI:
- SIPP Working Group
- Raising Standards / Customer Impact
- Critical Illness Statement of Best Practice
- Industry Standards Group
- Serving Customers Good Practice Guide workshop
- Indemnity Commission Research Group
Working with the IMA:
- Investment Performance Benchmarks for Financial Advisers Meeting (IMA)
Working with the FSSC:
- FSSC Strategy for Skills
- FSSC Standards and Accreditation Committee (FSSC)
Europe:
- BIPAR Directors Committee
- European and International Roundtable
- MIFID Connect Meeting
- MIFID Roundtable (HMT)
- MIFID Intermediaries Liaison Group
Various:
- Retail Financial Services Group
- Banking and Loans Liaison Group
- Consumer Credit Directive Stakeholder meeting
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