Investment Association announces restructure
The Investment Association today announces an organisational restructure into three clearly-defined core divisions focused on our member firms, their products and services and investments and capital markets.
The three larger divisions will focus on the ultimate goals of helping our member firms to thrive, delivering clients' financial aspirations and making investing work well for all.
1. Business Support and Promotion
- To help our member firms thrive
Promoting the asset management industry's interests; helping firms to navigate the regulatory and tax landscape; ensuring that the UK is the country of choice for locating asset management businesses.
2. Products and Services
- To deliver our clients' financial goals
Promoting the value of investing for the public good; assisting firms in meeting high standards of service and delivery; shaping the UK, EU and global regulatory and policy agenda so firms are able to provide on a cost-effective basis the products and services that meet clients' needs.
3. Sustainable Investments and Capital Markets
- To make investing work well for all
Helping the industry to support the economy with stable, long-term finance; ensuring investors have access to fair and effective markets; embedding the highest standards of sustainable governance in UK PLC.
The changes further integrate the Investment Affairs division, which moved to the Investment Association from the ABI in 2014, into the heart of the organisation as we continue to focus on our work engaging with UK-listed companies on behalf of investors.
Aided by the communications, education, training and operations areas the new structure reflects our commitment to support and promote the industry, and to help shape the environment in which we can best deliver for clients as the industry takes an increasingly central role in society.
Each division will carry on the Investment Association's programmes of market-leading research and analysis and effective engagement with regulators and lawmakers in the UK, EU and globally, so as to ensure the industry can seize the opportunities presented by the Age of Asset Management.
Guy Sears, Interim Chief Executive at the Investment Association, said:
"The ever-growing need for people to save into investments is a huge opportunity for our industry but it also brings with it a weighty responsibility as more and more people rely on asset managers.
"The new structure is about bringing all of our resources to bear on the three most important areas of focus for the organisation - helping our member firms to succeed, creating the best environment for products and services so they can deliver for clients and ensuring markets and investments deliver long-term, sustainable returns."