AIFA: 'free riders' are sabotaging our mission

Hannant, who has been with the organisation since January, said a number of IFAs choose not to become members because they reap the rewards of its successes regardless of whether they have joined the organisation. "It is true, on a straight factual basis, that if there is a rule change it will apply to all [advisers, not just AIFA members]," Hannant said. "It's the old free rider problem. AIFA is stronger the more members it has, and the more effective and the more of a voice it has. If we have too many free riders there won't be much benefit." "It's a cynical view that [advisers] ...