PIMFA Weekly News Bulletin - 7 November 2022

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Featured: The UK kept 1.5 degrees alive, a new COP26 Presidency Report shows PIMFA Weekly News Bulletin

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PIMFA WEEKLY NEWS BULLETIN 7 NOVEMBER 2022

The UK kept 1.5 degrees alive, a new COP26 Presidency Report shows Last Friday, 4 November, the UK government launched its COP26 Presidency outcomes document, celebrating the successes of the Glasgow summit and the UK’s COP Presidency year.

The report details the progress made to tackle emissions, mobilise finance and help those impacted by climate change and calls for further action ahead of COP27 in Egypt next week.

Highlights include: Keeping 1.5 degrees alive: Over 90% of the world’s GDP, up from 30% when the UK took on the COP Presidency, is now covered by net zero commitments. More than 153 countries have now put forward new 2030 climate plans, known as nationally determined contributions.

FCA's key priorities for the financial advice industry In a speech delivered at the PFS Festival of Financial Planning in Birmingham, Therese Chambers, the FCA’s Director of Consumer Investments, has set out the regulator’s key priorities for the financial advice industry.

Highlights include: •

The FCA wants to see more consumers who can afford to do so investing their money safely.

•

This will only occur in a better consumer investment market.

•

Financial advisers play a major role in helping or hindering this better market.

•

The Consumer Investment Strategy and Consumer Duty is a big change that should turn the dial improving financial advice, the consumer investment market, and outcomes for consumers.

The full speech can be read here.

Altus Consulting Breakfast Briefing Location: The Drift, Salesforce Tower, London Date: 16 November | Time: 9:00 – 11:00 Altus Consulting are hosting a complimentary breakfast briefing for members of the pensions and investments industry.

Consumer Duty and Value for Money are moving consumer outcomes to the heart of the financial services industry, forcing firms to re-evaluate how they approach their data governance, strategy and analysis, and proposition management and delivery.

This event will provide an opportunity to hear the latest industry insight into how we got here, what the key challenges are that remain, and what the future holds as we attempt to navigate the pension system equivalent of a successful moon landing.

For more information and to register for the event, please click here.

Partner Event | LGBT Great Are you an LGBT+ parent and looking for advice? Join our in-person event and learn about the experiences and advice of other LGBT+ parents. The event starts at 9:00 (GMT+1) on 10 November. Save your seat today!

Register here.

This is an event partnership with Schroders .

Latest PIMFA Press Releases

PIMFA Press Coverage

PIMFA welcomes Chancellor’s intervention to bring

New Model Adviser: Treasury to be accountable for

stability and confidence back to UK financial markets

financial fraud under Labour plan

PIMFA welcomes FCA action to protect prevent harm in

Citywire: The FCA needs new law to help stop online

the consumer investment market

scams

PIMFA celebrates winners of its second Diversity & Inclusion Awards and previews ‘TIDE’ launch

Citywire New Model Adviser: Exclusive: FCA could lose immunity from civil damages lawsuits

PIMFA delighted to welcome Courtney Havers’ Ray Tuffield to its Board

Professional Adviser: PIMFA unveils advice profession diversity and inclusion project

Fiscal Statement reaction from Liz Field, Chief Executive of PIMFA: “Inflation remains key problem

International Adviser: 17 investment firms blocked by

facing households and the economy.”

FCA due to phoenixing fears

Read more press releases here

See more of PIMFA in the press

EVENTS & LEARNING PIMFA TALENT, DIVERSITY AND

PIMFA LIVE ONLINE TRAINING:

INCLUSION CONFERENCE

TRANSACTION REPORTING

7 December | 09:00 - 17:30

6 December 2022 | 09:30 - 12:30

Returning for the first time since 2019, we are

This live online training session led by experts in

delighted to announce the PIMFA Diversity

their field will give you the knowledge and

Conference will be taking place in London on

confidence that your firm’s transaction reporting

December 7.

processes are compliant with regulatory requirements.

This event aims to offer attendees fantastic

For more information and to register, please click

insights into a variety of topics related to TDI and

here.

inspire current and future leaders to continue working on creating a truly inclusive and diverse sector.

This event is free for members to attend.

For more information and to register, please click here.

PIMFA WEEKLY NEWS BULLETIN | 7 NOVEMBER 2022 PRESS RELEASES

ABOUT PIMFA

D&I AWARDS

WEALTHTECH

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