03/01/2012 - AIFA In FOS Levy Lobby

AIFA In FOS Levy LobbyAIFA In FOS Levy Lobby.

The Association of IFAs will continue their ongoing talks with the Financial Ombudsman Service (FOS) this year and will push for a fairer deal for advisers.

According to director-general of AIFA, Stephen Gay, their talks with the regulator will surround the detail of areas that require further clarity, such as the treatment of legacy trail commission, while debates over the role of FOS and the Financial Services Compensation Scheme will also be important.