Wednesday 22nd November
Responding to today’s Budget announcement, Chris Cummings, CEO of the Investment Association said:
“The Chancellor's announcement today to publish a new strategy for the asset management industry demonstrates how central our industry is to our country's economy and to financial services. This strategy forms part of a package of measures, alongside the Asset Management Taskforce launched this autumn, which will provide our sector with a road map to help firms thrive through Brexit and beyond. These measures will help to ensure our industry continues to deliver the best possible outcomes for savers and the UK economy in the years to come.”
Notes to Editors:
The announcement regarding the Investment Management Strategy can be found on p.50 of the Budget document:
Investment Management Strategy - the government will publish a new long-term strategy to ensure that the UK asset management industry continues to thrive and deliver the best possible outcomes for investors and the UK economy. This will include actions, to be taken forward in close collaboration with the industry, on skills, harnessing financial technology solutions, mainstreaming innovative investment strategies, and continuing a coordinated programme of international engagement.
The full Budget document can be found on the government's website: https://www.gov.uk/government/uploads/system/uploa...
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