Power to the people: Rise of the IFA liberation front

The financial crisis was caused by a powerful concurrence of factors. But conditions converging in its wake are causing something altogether more positive for the advice industry. Tired of being bullied by the regulator, and lacking faith in the Association of Independent Financial Advisers (AIFA) and their professional bodies, IFAs are increasingly taking it upon themselves to be heard. Perfect conditions A close relationship with retail investors, the seemingly never-ending fallout from the financial crisis and a new government have combined to provide the perfect conditions to pr...