National IFA Fairstone joins Apfa


National IFA Fairstone Financial Management has become a member of Apfa.

Fairstone Financial Management, part of the Fairstone Group, has 230 advisers and is headquartered in Newcastle.

The firm also has offices in London, Bristol and Belfast.

Apfa director general Chris Hannant says: “I’m delighted to welcome Fairstone to Apfa. It is critical that the industry speaks with one voice when campaigning on important issues.

“Fairstone is an innovative, growing business which we believe will bring fresh insight and support to our efforts to secure a better deal for advisers.”

Fairstone Group chief executive Lee Hartley says: “The financial advice industry needs a body to help shape the future of our profession, and we’re delighted to join Apfa and lend our support in this objective.

“There will clearly be significant challenges and opportunities in our market over the coming years, with retirement reforms being a current and very obvious example. I look forward to working closely with Chris and the Apfa team to help positively influence the sector.”

In May, Openwork announced it was leaving Apfa with immediate effect.

Sesame also left the trade body when it ceased to operate as a network for investment advisers on 31 July.