PIMFA
5 November 2020
Senior wealth management and financial advice figures gather for PIMFA’s virtual leadership summit
PIMFA, the trade association for the wealth management and financial advice industry, has held its first virtual Senior Leadership Summit for the industry yesterday (4 November).
The leadership summit, which evolved out of the flagship event PIMFA holds annually, was attended by more than 100 chief executives and senior leaders across the UK’s wealth management and financial advice profession, who met to discuss the latest challenges and opportunities facing the industry.
Delegates attending the invitation-only Summit heard from numerous expert speakers on a broad range of subjects, under Chatham House rules, creating an environment in which they were able to talk freely about the strategic decisions they were considering as well as the future of their businesses and the wider industry as a whole.
Among the subjects discussed were the Government’s view of the future of financial services regulation after the UK leaves the EU Single Market; the geopolitical and economic megatrends likely to have the greatest impact in 2021 and beyond; the impact of digital giants on the industry and what forces senior leaders thought were likely to shape the future of the industry. PIMFA also shared their key areas of focus and work on behalf of their members for the next year and announced the update to their Members Manifesto outlining these priorities.
The Summit was also a chance for some of the industry’s senior leaders to take part in a number of interactive roundtables on topics including diversity and inclusion in the workplace, wellbeing and successful client engagement.
PIMFA Chief Executive, Liz Field, commented: “While the COVID-19 pandemic has prevented PIMFA, as many other organisations, from being able to hold in-person events, the Senior Leadership Summit was an important opportunity for the industry to come together virtually to discuss the issues that we face and the challenges that lie ahead in 2021.
“I’m grateful to all those that attended the Summit, our sponsors SEI and Orbium and to all our expert speakers who contributed to a number of thought-provoking discussions and helped to make our first Virtual Senior Leadership Summit such a success.”
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Notes for Editors
About PIMFA – the Personal Investment Management & Financial Advice Association
· PIMFA is the trade association for firms that provide investment management and financial advice to everyone from individuals and families to charities, pension funds, trusts and companies.
· The sector currently looks after £1.5 trillion in private savings and investments and employs over 55,000 people.
· PIMFA represents both full and associate member firms. Full members provide a range of financial solutions including financial advice, portfolio management, as well as investment and execution services. They assist everyone from individuals and families, to charities and pension funds, all the way to trusts and companies. Associate members provide professional services to the PIMFA community.
· PIMFA leads the debate on policy and regulatory recommendations to ensure that the UK remains a global centre of excellence in the wealth management, investment advice and financial planning arena. Our mission is to create an optimal operating environment so that its member firms can focus on delivering the best service to clients, providing responsible stewardship for their long-term savings and investments.
· PIMFA was created in 2017 as the outcome of a merger between the Association of Professional Financial Advisers (APFA) and the Wealth Management Association (WMA) with a history as a trade association since 1991 – read more.
· Further information can be found at www.pimfa.co.uk
Contact
For further information on this release or other press matters please contact:
· Matthew West, PIMFA PR Manager – MatthewW@pimfa.co.uk, +44 (0)20 7382 0376
· Sheena Gillett, PIMFA Communications & PR Director – sheenag@pimfa.co.uk, +44 (0)20 7011 9869 / +44 (0)7979 493225
