Alan Lakey has stepped down from his role as a Association of Professional Advisers’ council member to pursue other opportunities, the trade body has announced.
Mr Lakey joined the trade body, then known as the Association of Independent Financial Advisers, in November 2012.
At the time. he told FTAdviser he had joined the council as Aifa had joined his way of thinking about the Retail Distribution Review.
Chris Hannant, Apfa director general, said: “Alan Lakey has stepped down from his position on the Apfa Council to pursue other opportunities. We’d like to thank Alan for all of his hard work and support over the last 18 months as we’ve campaigned for a better deal for advisers through a period of substantial change.
“Apfa continues to represent a broad church of small, medium and large financial advice firms, as we fight for a better deal on fees, securing a long stop and holding the regulator to account.
“We’ll be seeking a new member to represent small firms as part of our usual elected process.”
Speaking to FTAdviser, Mr Lakey said there was no bad feeling between the two following today’s Apfa meeting.
He said: “I found out over a given period of time that my ability to influence the council or executive was limited or non-existent.”
