The Investment Association (IA) has announced an organisational restructure into three core divisions, just months after high-profile members such as Schroders announced plans to terminate their membership with the trade body.
The new units will focus on: member firms; their products and services; and investments and capital markets. Firstly, its business support and promotion division aims to promote the asset management industry's interests and ensure the UK is the country of choice for locating asset management companies. It will also help firms with regulatory and tax issues, after the IA disbanded its regulatory affairs unit. Meanwhile, the products and services division intends to promote the value of investing for the public good, assist firms in meeting service and delivery standards, as well as ...
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