AIFA criticises RDR pressure groups

clock •

AIFA director general Stephen Gay has criticised RDR pressure groups and skeptics while defending the role of trade associations in fighting regulation.

Delivering a key note address at the Tenet Conference in Ascot today, Gay insisted his organisation had been working hard behind the scenes to lobby for changes to proposals.   He said: “A pressure group can be very fierce about the short-term objectives without needing to consider the long term consequences. “Shouting about things can feel great but its very easy to burn bridges as a consequence. Pressure groups tend to be very visible but they protest hard outside in the cold. “A trade association on the other hand can gain access to policymakers, invite them to the table and ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: EQ Investors team completes 17.5-mile charity walk

Feel Good Friday: EQ Investors team completes 17.5-mile charity walk

For Carney’s Community

Professional Adviser
clock 02 October 2026 • 1 min read
'Affluent advice gap' sees unadvised individuals sit on £1.61trn amid commission concerns

'Affluent advice gap' sees unadvised individuals sit on £1.61trn amid commission concerns

The Lang Cat research

Jen Frost
clock 01 October 2026 • 3 min read
Succession Alliance launches first profession-wide succession survey

Succession Alliance launches first profession-wide succession survey

Open to people in all roles working in financial planning firms

Sophia Panayi
clock 29 September 2026 • 1 min read