A new trade group for financial advisors operating in Europe, the Federation of European Independent Financial Advisers, has been set up.
Feifa will benefit its members by lobbying regulators on their behalf, while also assisting new and existing businesses in areas such as the changing regulatory environment, compliance and training. Membership is only available to individuals and companies that meet certain criteria.
Feifa has been launched with five European IFA firms, with a total of 50 advisers, as founding members. The firms are advising clients in nine European countries.