Where (and who) next for AIFA?

If the Association of IFAs (AIFA) ever believed the run-up to RDR represented an opportunity to re-position itself as the proactive representative body for independent advisers, the exit earlier this month of director-general Stephen Gay was a sobering reminder of the challenges it faces. A job offer from the Association of British Insurers (ABI) was simply too good to turn down, Gay said, barely 14 months since joining AIFA from Aviva. So where does all this leave the trade body? Gay's departure leaves AIFA tottering "like a house of cards", according to Paul Stanfield, chief exec...