AIFA appoints policy director

The Association of Independent Financial Advisers has appointed Chris Hannant as a policy director.

Hannant, who has most recently been policy director at the British Chambers of Commerce, will be responsible for developing policy at the Association of Mortgage Intermediaries and the Association of Finance Brokers.

Stephen Gay, director-general of AIFA, says: “Chris has extensive policy experience and knowledge of working both in and with the government and financial services regulators. This will be essential to help us represent the interests of our members and deliver a better business environment.”

He adds that AIFA’s work will continue to be dominated by major regulatory initiatives such as the Retail Distribution Review and the Mortgage Market Review in 2012, as well as wider regulatory changes.

Hannant says: “The industry faces a challenging time with significant regulatory change taking place. I am looking forward to working with members and using my wide ranging policy experience to make a real impact on their behalf, both in the UK and in Europe.

“The financial advice and mortgage intermediary professions provide a vital service in helping consumers to navigate the complexity of financial services and it is important that government and regulators recognise this and don’t damage the sector with short-sighted actions that impose burdensome regulatory requirements.”