Andrew Strange exits AIFA

Andrew Strange is to step down as policy director of the Association of Independent Financial Advisers (AIFA) after nearly five years at the organisation.

Strange will leave his roles at AIFA and the Association of Mortage Intermediaries and the AFB, in October to pursue "other business interests".

AIFA said it has begun the process to appoint a replacement.

Stephen Gay, director general of AIFA, said: "On behalf of all our members, Council and Boards, I would like to take this opportunity to thank him for his valuable contribution to our work and the development of the intermediary profession.

"His work on detailed regulatory issues from the RDR to the role of European regulation demonstrates the depth of his knowledge of the industry. He has played an extremely important part in delivering a better outcome for members and we wish him well in the future."

Andrew Strange said he is "proud" of the work AIFA, AMI and AFB do for their members.

"Policy complexity has expanded exponentially over the past five years, and it has been an exciting time to be involved with the development of European and domestic regulation and government affairs.

"AIFA, AMI and AFB would not be successful without the support of our Council and Boards, and the dedication of all the staff at the organisation, who I would like to thank for their hard work. I am particularly proud to have led an excellent policy team.

"While I will miss participating in the breadth and intellectual rigour of the AIFA group of trade bodies, I look forward to continuing my career in financial services."