Members of Libertatem’s formation committee have led or been part of trade associations, as well as practiced in the industry. The Committee’s president is the UK peer Lord Flight who is also a director of Metro Bank and a director at Investec Asset Management.
In a statement the new association said it aims to:
- be a clearer voice for adviser firms within the regulatory and political framework in the UK and address the challenges they face.
- ensure the survival of a strong advisory sector which provides access to impartial advice to the broadest section of society.
- create an effective trade association fit for the 21st century, based on the principles of excellent advice to clients who wish to improve their personal and family independence.
- create a democratic structure that will seek to represent the widest numbers and types of advisers in a proactive and positive way.
- encourage the provision of financial advice to the maximum number of our fellow citizens.
- promote the creation of a cost effective, joined up and client facing regulatory system directly responsible either to the Parliament that created it or those who pay for it.
