New AIFA member to fight 'ritual dance' of reauthorisation

Neil Liversidge, managing director of West Riding Personal Financial Solutions, was voted to the governing council at AIFA's AGM on Tuesday. At the top of his agenda will be to seek changes to the current system which requires advisers to seek fresh authorisation from the FSA when they move firms, an issue that has led to long delays for former Park Row advisers looking to move on. Liversidge says: "In what other areas of life can someone put your life on hold for 12 months? "If, as a doctor, you change practices you are not subject to reauthorisation. The same applies to accountan...