Your IndustryNov 12 2014

Apfa claims ‘member discounts’ will save firms £300 a year

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Adviser trade association the Association of Professional Financial Advisers has today (12 November) launched a programme which it says will reduce running costs of small member firms by up to £300 through a range of ‘member discounts’ with partner organisations.

The discounts have been negotiated with partners including Rymans for Business, Citation, Callcredit, Moneypenny and Printing.com. The type and level of discounts varies between partners, but will include savings of up to 75 per cent, Apfa said.

New deals join existing Apfa discounts on Premium Credit factoring costs, and access to the KPMG VAT helpline.

Chris Hannant, director general at Apfa, commented: “We have again leveraged our strength – this time on a commercial basis – to win some big discounts with businesses suppliers that will allow adviser companies to lower their costs.”

Stuart Dunbar, managing director of Argyle Consulting and an Apfa council member, said: “One of the issues faced by all our members is the rising cost of running a business. We have now used Apfa’s scale to broker deals to help reduce members’ everyday business spend on a range of products and services including printing, stationery, virtual receptionists, legal services and more.”

Neil Liversidge, managing director of West Riding Personal Finance and also an Apfa council member, added: “Small financial advice firms have long been supported by Apfa through our campaigning for regulatory fees to be proportionate and low.

“Now our members can also save money on essential business expenditure through a range of significant discounts developed exclusively for them with well-known partners.”

ruth.gillbe@ft.com