PIMFA
PIMFA's key successes
For over 30 years PIMFA has worked on behalf of members as the collective voice of the industry to create positive & meaningful change
Below are just some examples from the last year of PIMFA’s work and successes:
industry champion
7,500 Member Firms
PIMFA is an industry champion for over 7,500 member firms – namely all financial intermediaries providing personal wealth management services.
Member Support
Through our committees and forums, and the resulting value of output, support and guidance, we have provided services for our members that would have cost them each, on average, circa £100k to replace*.
*KPMG Analysis
2,260+ Regulation pages read and analysed
Over the last year we’ve read and analysed more than 2,260 pages of regulatory consultation and policy that impacts you, our members.
57 Events & Learning Sessions
Over the last year we have provided 57 high value events and learning sessions – equating to 95 hours of CPD – including flagship virtual conferences and our free academies, seminars, roundtables, webinars and podcasts.
Generating change
Regulatory Wins
We have had significant wins in the regulatory arena on topics such as the FSCS, prudential regime, the 10% value drop notification rule, open finance, economic crime, operational resilience and FCA’s ban on the practice of Claims Management Companies phoenixing.
Vital Links
We have nurtured our vital links with the government and regulators. As a leader in advocacy and influence, we’ve effected important change around key issues impacting you such as the FSCS, the future of both the industry and the FCA, and protecting clients.
Promoting the Sector
8 billion readership reach
Our increased media coverage has highlighted the issues that matter to our members, and has seen over 1,177 of our articles published – achieving a potential readership reach of 8 billion.
39 External Committees
PIMFA are currently members of 39 external industry and governmental steering committees, and have run or contributed to hundreds of meetings over the year as our lobbying and whitepapers continue to generate serious debate around the future of supervision, the regulatory framework and advice.
CPD & Industry Updates
These have helped to ensure our members have ongoing access to top quality continuing professional development (CPD) and up to the minute updates on key industry developments over
the pandemic, whilst providing insights on new opportunities and the implementation of upcoming regulatory change.
