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 is 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 busin...