AIFA to reform RDR working party ahead of October date

The group, all AIFA members, includes advisers from firms including Tenet, Ashley Law, Sesame and The Lighthouse Group. Chris Cummings, AIFA director general, says some large financial institutions are still “putting themselves first and their customers second” and will lobby hard against some of the existing RDR proposals. He praised AIFA’s RDR working party for its support for the Association’s submissions to the Review so far, and says its role will now be as vital as ever. “We were delighted that the Interim RDR statement recognised many of the points we made in our response,” he say...