There is a significant opportunity for the Labour government to drive investment and growth if it works in partnership with the financial services sector and gives more credence to the role of retail investors, the Personal Investment Management & Financial Advice Association (PIMFA) has said.
PIMFA today (16 July) set out its five-year agenda for the new government which it said could create thriving financial health in the UK. The trade body's plan Creating a UK Culture of Thriving Financial Health builds on and supports Labour policy priorities as it "seeks to create wealth within the UK and ultimately deliver economic growth". It said the government must work in partnership with financial services but also recognise the important role retail investors play in the ambition to enhance growth. It said this could be done primarily by equipping retail investors with the "...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
