APFA claims new discounts will save small members £300 annually

clock

The Association of Professional Financial Advisers (APFA) has negotiated new discounts for members which it claims could save smaller firms up to £300 a year in running costs.

Reduced rates of up to 75% have been negotiated with Rymans for Business, Citation, Callcredit, Moneypenny and Printing.com, the association said.

Members already benefit from discounts agreed with Premium Credit factoring costs, and access to the KPMG VAT helpline.

Director general Chris Hannant (pictured) said: "APFA's strength lies in its membership. It is through this strength that we lobby and fight on issues, such as the levy, to minimise the cost of doing business.

APFA's strength lies in its membership. It is through this strength that we lobby and fight on issues

"We have again leveraged this strength - this time on a commercial basis - to win some big discounts with businesses suppliers that will allow adviser companies to lower their costs."

Tenet group chief executive Martin Greenwood added: "APFA's scale and influence in the adviser sector has always been a significant asset, enabling us to act as a collective voice to reduce members' cost of trading."

APFA has long campaigned for a reduction in regulatory costs for the smallest advice firms, claiming in June they face the largest proportion of the cost. 

The organisation this year celebrated its 15th anniversary.

 

More on Regulation

Christine Elliott departs as PFS chair

Christine Elliott departs as PFS chair

Carla Brown takes the role

Isabel Baxter
clock 15 April 2025 • 2 min read
FCA takes aim at bereavement and PoA policies

FCA takes aim at bereavement and PoA policies

Good and bad practices released

Cameron Roberts
clock 14 April 2025 • 3 min read
FCA reappoints Nikhil Rathi as CEO

FCA reappoints Nikhil Rathi as CEO

Rathi joined the regulator in 2020

Isabel Baxter
clock 10 April 2025 • 2 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read