It's Global Awareness Day! A day to focus on making digital products accessible regardless of ability of disability.
PIMFA shows support to this by proudly having an Accessibility Menu on our website allowing users to change many functions - https://t.co/8JuCiVU8ym
PIMFA has been named as one of the best places to work in the UK by The Sunday Times. We're a bit pleased about that as you might imagine. Have a look 👇 #STBPTW@worklforbusines@thetimes
Have you seen the PIMFA All Guides Area on our website?
This section of our website showcases our guides, containing practical guidance and direction on the latest industry changes for our members - https://t.co/yD8ydtfUrT
#policy#compliance#information
PIMFA Members, are you aware that we have an Under 40 Leadership Committee, bringing together younger talent from our membership to consider industry changes? https://t.co/SmWRvpGzEI
Would you like to join the 2022 cohort?
PIMFA Members DM us if you are interested.
Alexandra Roberts said how PIMFA was happy to be involved in giving evidence privately to the NAO and publicly to the PAC and have been engaged in the debate with the FCA.
If you would like to sit on our British Steel Pension Scheme Working Group please contact Simon Harrington
PIMFA acknowledges the #FCA has made progress in the way firms are supervised. However, several issues remain such as the continually rising cost of the FSCS Scheme.
Our new paper "Together We Grow" calls for further improvements across various areas - https://t.co/XR75YUQyP6
The issue isn’t that the boundary is ‘blurry’ it’s that under MIFID any degree of personalisation means help is technically advice and comes with full suitability requirements (I.e. has to be the BEST thing for them to do). @PIMFA_UK has been working on a third, middle option
Sarah Mason, Diversity & Engagement Manager at The Openwork Partnership take delegates through how to collect the right data to fully understand Diversity & Inclusion within their own organisation and amongst their clients. #PIMFAVF
The recent Solvency II statement is an indication that UK govt & regulators are open to doing things differently- i.e. moving away from EU models to cater for unique UK markets & systems & this is likely to replicated over the whole of financial services over time says @FassamTim
The impact of COVID & the Ukrainian war is a recipe for inflation with reduced economic capacity & pressure on prices & it's likely the govt will consider wealth taxes for funds to help people with rising energy costs, NHS strain & pensions for an aging society says @FassamTim
Discussing what to expect in 2022 @FassamTim, our Director of govt relations & policy outlines 3 key areas driving the current policy & reg environment that will have a major impact in the next 2/3 yrs:1) implications of COVID & Ukraine war 2) Brexit 3) Regulator's change agenda
Firms should not wait for the final details of the Consumer Duty Regulation & need to start work now to ensure they can comply with the requirements in a short implementation period & demonstrate how they are meeting the new rules says @HSFlegal to @PensionWonk#PIMFAVF
Hywel Jenkins & Benedicte Perowne from @HSFlegal joins PIMFA's @PensionWonk to discuss the Consumer Duty-a significant change for PIMFA firms-sharing what the Regulation will look like in the future, differences between existing rules & how firms can navigate the areas of concern
Outlining the journey so far, @HSFlegal says that the new consumer duty rules will require firms to ask themselves what outcomes consumers should be able to expect from their products & services, act to enable not hinder these outcomes & asses the effectiveness of the actions