Alan Lakey has left the Association of Professional Financial Advisers’ Council because of frustration at a lack of concrete action, he has said.
Mr Lakey joined the council in December 2012 but said he had not achieved what he intended.
He said: “Part of my frustration is when people want to talk about what would like to do and they go and sit around and talk.
“There comes a point where you say enough is enough.”
In a statement, Chris Hannant, director general of the APFA, said: “Alan Lakey has stepped down from his position on the APFA Council to pursue other opportunities.
“We’d like to thank Mr Lakey 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.”
Mr Hannant said that the association would continue to represent a broad church of small, medium and large financial advice firms.
It is already currently working with the industry and the FCA to push for a better deal on fees, securing a long stop and holding the regulator to account.
He said APFA was seeking a new member to represent small firms as part of its usual elected process.
