Yes, despite Gill Cardy’s efforts on behalf of IFAs – for which she must be both thanked and commended – we now have just one trade body, and we need to make sure that we don’t lose it.
Yes, Apfa is largely funded by product manufacturers, but that’s not from choice – as Gill has found, advisers seem unwilling to finance their trade bodies themselves.
Apfa has done some very good work – probably more than we realise, as much lobbying has to be done in confidence – on behalf of the whole advisory community. Without an effective trade body we would be weaker.
Apfa is not, by a long way, the perfect answer but we can move it in the right direction by supporting it and offering constructive criticism.
As Matt says, all the negative blogging doesn’t help. If we have criticisms then let’s address them to Apfa direct and see what it does about them.
All the negativity must make it much more difficult for Apfa to be taken seriously by those it is trying to lobby on behalf of.