Information: For immediate release Wednesday 14 July 1999

AUTIF today warmly welcomed the appointment of Paul Smee as Director General of the Association of Independent Financial Advisers. Philip Warland, Director General of AUTIF, said:

"Independent advisers play an essential role in the investment funds market and AUTIF has lond seen the need for a single, authoritative voice representing independent advice. We supported the establishment of the AIFA. We know Paul from his work at the ABI and believe he is an excellent choice. We look forward to working with him again."  

For further information please contact:

Philip Warland, Director General - 0171 831 0898
Clare Arber, PR Manager - 0171 831 0898 Ends