The UK insurance and asset management sectors received a welcome boost today as the Treasury announced two new government industry groups to ensure their long term strength.
Chancellor Alistair Darling will co-chair the new working groups together with Andrew Moss, chief executive of Aviva, and Robert Jenkins, chairman of the IMA. They will meet regularly to examine challenges and opportunities for insurance and asset management over the next 10-15 years. The Insurance group met on Thursday November 6 for the first time while the first meeting of the Asset Management group will be December 2. Both groups will report back to the Chancellor by summer 2009 on key issues for industry and policy-makers to address. The insurance working group will be represen...
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