AIFA raids FSCS for senior policy adviser

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The Association of Independent Financial Advisers (AIFA) has appointed Clare Griffiths from the Financial Services Compensation Scheme as its new senior policy adviser.

A chartered accountant and former Ernst & Young employee, she will provide support to policy director Chris Hannant on all regulatory and legislative issues affecting members.

Hannant said: "Clare will provide strength and expertise to the team and help us represent member interests.

"Her background of over 20 years' experience in financial services and in particular compensation schemes will provide vital insight and analysis into an area critical to the profession.

The turnover of staff at AIFA over the past year has seen former director general Stephen Gay and policy director Andrew Strange leave, while Hannant himself joined in January.

Griffiths said: "The policy team will continue to work on issues around the RDR including adviser charging and the use of platforms. The issue of Compensation Scheme funding is high on the agenda for advisers.

"I look forward to supporting Chris and AIFA in representing the interests of members in addressing the threats and opportunities facing the advice profession."

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