AIFA | Our role

About AIFA

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 interpret the views and experiences of IFAs, in order to challenge and influence regulators policy and it's implementation
To promote the value of independent financial advice

AIFA works on a variety of working groups, covering many issues, where the opinions of members are expressed in the effort to better direct policy. The include the following:

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

FOS:

FOS Investment Liaison Forum

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

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

IMA:

Investment Performance Benchmarks for Financial Advisers Meeting (IMA)

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