The Association of Independent Financial Advisers (AIFA) wants all members to respond to the FSA’s fees consultation.

The deadline for submissions is 12 April. AIFA is challenging the basis on which the regulator sets its budget, including how it is apportioned, and is encouraging members to support its campaign.

Andrew Strange, director of policy at AIFA, said: “The way the regulator allocates costs is in urgent need of a fundamental overhaul. At present