Earlier today, the Treasury announced that Davidson (pictured), who is also a director of Baigrie Davies, had been appointed as a non-executive director of the FSA.
Aifa has welcomed Davidson’s appointment to the FSA board as recognition that advisers need to be better represented at the regulator.
Aifa director general Chris Cummings says: “This appointment is a welcome recognition by FSA that the intermediary sector has not been adequately represented on its board.
“We are pleased that the regulator has listened to our concerns.”
Cummings adds: “Amanda has performed an excellent job as Aifa deputy chair.
“We are delighted that she has been given the opportunity to represent the interests of IFAs.
“Amanda will now be stepping down as Deputy Chair and we would like to take this opportunity to thank her for her contribution. We look forward to continuing our positive relationship with her.”