APFA

MOVERS & SHAKERS

Today the Association of Professional Financial Advisers (APFA) released its research, spanning five years, into the shape of the adviser marketplace. Here IFAonline breaks down its findings into the key numbers.

The number of advising staff working in financial advice firms fell 9% last year, according to figures put together for the Association of Professional Financial Advisers (APFA).

Europe's Markets in Financial Instruments directive (Mifid II) distinguishes between independent and restricted advice, meaning a separate trade body for IFAs is still necessary, according to the founder of the IFACentre.

Panacea Adviser, a free online community for adviser firms, is calling for immediate action to overhaul the way in which the Financial Services Compensation Scheme (FSCS) is funded following yesterday's announcement of a £76m levy on investment intermediaries....

The Association for Professional Financial Advisers (APFA) is well placed to represent the industry now it has overcome the "red herring" issue of independence versus restricted, said one national director.

The Financial Standards Authority (FSA) may be forced to reconsider the Financial Services Compensation Scheme (FSCS) threshold when the impact of the Retail Distribution Review (RDR) on adviser revenues becomes more apparent, APFA has said.

A High Court ruling which allows a couple to pursue their adviser through the courts for half a million pounds after having already received £100,000 via the Financial Ombudsman Service (FOS) shifts the balance too far in favour of consumers, according...

The Financial Services Authority (FSA) has failed to make the case for its planned Arch Cru redress scheme announced earlier today, according to the Association of Professional Financial Advisers (APFA).

The Financial Conduct Authority (FCA) must adopt greater transparency and a more market oriented approach to regulation, the Association for Professional Financial Advisers (APFA) has said.