Publishing its report and accounts for 2002-2003, the Association of Independent Financial Advisers (AIFA) expressed concern at new regulation coming to the market.
John Gummer MP, chairman of AIFA, said: “I am profoundly concerned at the flood of regulation and controls which affect business. I am especially alarmed at their effect on the smaller business whose vital contribution to dynamism and growth in the economy should be nurtured not throttled.”
Gummer said he would fight the corner of the small businesses while ensuring AIFA members had a loud and clear voice in making representations on industry matters.”
Gummer also said he aimed to carry AIFA’s voice into Europe.