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AFA Doubles Member Base

The Association of Financial Advisers (AFA) reports it has doubled its member base over the last four years.

With member numbers now nearing 1.500, AFA President, Jim Taggart, attributes his Association’s growth to “… consistently representing our members on all fronts - to the government, the regulator, the industry and the community.”

… members indicated they wanted to ensure their political voice was heard…

Mr Taggart says feedback from members indicated they wanted to ensure their political voice was heard and that they believe the AFA has the plan and the strategy to access Canberra and ensure their collective view is well articulated and presented.

On the issue of public perception of financial advisers and the remuneration issue, AFA CEO, Richard Klipin, said “Members indicated they were concerned about the way in which the industry funds movement in particular was taking a brickbat to advisers over the issue of remuneration.”

The AFA intends to maintain the rage in 2010…

“Our adviser community felt they were under siege and decided it was time to make public the very important value they deliver in helping everyday people to build, manage and protect wealth,” said Mr Klipin, adding “The AFA intends to maintain the rage in 2010 in order to ensure that its members are well-equipped to deliver the best possible outcomes for their clients.”