PIMFA
Our Service offering
- Stakeholder Engagement and Relationship Management
PIMFA has a history of building and maintaining a wide range of collaborative stakeholder relationships across government, regulators and other industry bodies and groups. We continue doing so by promoting open dialogue and providing our expert views and technical expertise to achieve the best outcomes for our members as the voice of the wealth management and advice sector.
- Member Engagement
Our members are at the centre of everything we do. We provide access to a team of regulatory subject matter experts and resources that support members with their day to day compliance and operational requirements and issues, and provide strategic views and direction across a range of current and emerging priorities and industry change.
- Regulatory change And compliance
We support our members through complex regulatory change, compliance and operations projects by offering:
- Personalised support
- Regulatory analysis, rules interpretation and referrals to the regulator
- Regular engagement in the form of working groups
- Providing best practice guides, research, technical papers, briefing updates
- Hosting industry events, such as conferences, roundtables and webinars
- Thought Leadership
We help our members plan for the future by:
- Providing policy, regulation and compliance horizon scanning and analysis
- Drafting consultation responses and follow-up advocacy engagement
- Exploring the impact and opportunities for new technologies, processes and infrastructures
- Engaging industry experts on emerging topics and trends (e.g. digital assets, fraud)
- Facilitating the sharing of good practice through peer-to-peer collaboration, compliance queries and benchmarking
our latest news
In the last year PIMFA has read and analysed over more than 2,300 pages of Regulation and Policy on behalf of our members.
PIMFA are currently leading on the following area of priority:
- Brexit
- Capital Deductions for Redress
- Consumer Composite Investments
- Consumer Duty
- Customer Vulnerability
- Data Protection
- Financial Crime
- Future of Advice
- Markets in Financial Instruments Directive/Regulation (MiFID/MIFIR)
- New Prudential Regime for personal investment firms
- Post-Brexit Rule Book
- Product Disclosure
- Retail Disclosure Framework
- Senior Managers Certification Regime (SMCR)
- Sustainable Finance and ESG
- Talent, Inclusion, Diversity and Equity
Financial Conduct Authority
Five year strategy - March 2025
The Financial Conduct Authority (FCA) has published its five year strategy highlighting the regulator’s priorities:
- Becoming a smarter, more efficient regulator
- Supporting growth
- Help consumers
- Fighting crime
Consumer Duty is noted as integral to how regulated financial firms treat their customers and is expected to facilitate increased consumer confidence when seeking products and services that meet their needs and match their capacity for risk.
Other areas of focus include a commitment to rebalancing regulatory, market and consumer risk and the role of the FCA within the international market.
Access the FCA’s strategy here
Read a summary here
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PIMFA REGULATORY FORUM
Each month, PIMFA host a Regulatory Forum to provide updates on priority areas of work, best practices, and the latest intelligence on regulatory and policy matters.
Click below for recordings of previous PIMFA Regulatory Forums.
