Members of the Association of Independent Advisers (Aifa) have voted to accept restricted advisers post-retail distribution review and rebrand as the Association of Professional Financial Advisers.
Aifa members voted on the resolution at the trade body’s annual general meeting yesterday.
The trade body proposed the move following a strategic review of the organisation. It had said its aim was to represent a wide range of financial advisers and ‘ensure our voice is as strong as possible’.
Aifa chairman John Gummer told members at the trade body’s gala dinner last night: ‘Thank you for your willingness to represent the whole of the community during the changes that are taking place.’