FCA and Treasury to speak at Pimfa conference

FCA and Treasury to speak at Pimfa conference

Representatives from the Financial Conduct Authority and HM Treasury are set to appear as keynote speakers at Pimfa’s inaugural Virtual Fest next month.

Both Megan Butler, director of supervision at the City watchdog, and John Glen, economic secretary to the Treasury have been confirmed to speak at the trade body’s adviser conference on June 3 and 4, according to Pimfa.

They join former Bank of England governor Mark Carney and former secretary of state Baroness Morgan on the speaker list.

Pimfa said Mr Glen would outline the government’s vision for financial services beyond the Covid-19 crisis while Ms Butler will speak about the FCA’s response to the pandemic and expectations of firms for the rest of 2020.

Liz Field, chief executive of Pimfa, said: “We are delighted that both Mr Glen and Ms Butler will be joining us as keynote speakers for Virtual Fest alongside a number of other leading industry figures.

“We face unprecedented challenges as we deal with the pandemic, and the guidance they can offer on the approach of the government and FCA to these challenges, as well as what the future will look like in the context of our relationship with the European Union, will I am sure be welcomed by wealth managers and financial advisers alike.”

Mr Glen said the financial services industry would play a “key role” in the country's future economic prosperity, adding the role of Pimfa’s members was important in supporting this.

He added: “I look forward to sharing what the government is doing for savers and investors now and over the coming months.”

Ms Butler noted the coming year would continue to present firms, consumers and the industry at large with “enormous challenges”, adding that it was through “constant dialogue” with firms and organisations such as Pimfa that the FCA could ensure firms were prepared to meet the challenges coronavirus posed.

Virtual Fest — which will run entirely online for all industry colleagues — is set to give wealth managers and financial advisers the chance to hear from experts on topical areas and priorities for the sector.

Topics covered will include cyber and operational resilience, ESG and impact investing, alongside compliance and regulation.

The event will provide CPD hours and help those self-isolating continue their professional development, Pimfa said.

Online technical sessions, including webinars, virtual sessions with speakers, videos, PDFs and online resources will also be available while online attendees will be able to ask questions live during sessions.

A discussion portal will provide the opportunity to network online with fellow professionals.


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