Godfrey: I see no problem backing both consumer and industry

Ousted IA chief plans investment management role

Daniel Flynn
clock

Former Investment Association CEO Daniel Godfrey has defended his attempts to combine the interests of the consumer with those of the industry itself.

Following his departure from the body just over a month ago, some of Godfrey's critics named him a "consumer champion", despite being at the helm of a trade body for three years, but he argues serving the industry and the consumer need not be mutually exclusive. Speaking in an interview with the Financial Times, Godfrey (pictured) said: "Investment managers are paid by someone else to act on their behalf, so we are paid to be their champion. "I see no philosophical reasons for there to be any tension between the idea of championing the interests of consumers in investment management, ...

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

Beyond referrals: Rethinking client acquisition in a digital age

Beyond referrals: Rethinking client acquisition in a digital age

'When executed well, lead generation bridges the gap between digital intent and personal advice'

Buddy Keville
clock 05 August 2025 • 4 min read
PA Asks reveals ethics concerns: Industry split on rewarding advisers by book size

PA Asks reveals ethics concerns: Industry split on rewarding advisers by book size

‘Why do we keep perpetuating this model?'

Sahar Nazir
clock 05 August 2025 • 2 min read
Seccl names UK CEO to replace David Ferguson

Seccl names UK CEO to replace David Ferguson

Interim MD Jonathan Dees welcomed as CEO of the tech platform

Sahar Nazir
clock 05 August 2025 • 2 min read