PIMFA announces organisational changes within policy team

30 March 2020

PIMFA, the trade association for the investment services and financial advice industry, today announces a number of organisational changes within the policy team.

The changes reflect the arrival of Tim Fassam as Director of Government Relations and Policy and a succession planning strategy developed over the past couple of years.

Reporting to PIMFA CEO Liz Field, Tim will lead the team at PIMFA to help formulate policy. He will also lead PIMFA’s engagement with the Government on the UK’s future relationship with the EU and the profession’s needs in the future of regulation.

From April, PIMFA Director of Regulation, Ian Cornwall, will move into a strategic advisory role. He will still report into the CEO and support Tim as Director of Government Relations and Policy.

Ian will continue to answer industry queries, conduct regulatory meetings and support the senior policy advisers and other team members during a transitionary period in the run up to his retirement in October.

From May PIMFA deputy CEO, John Barrass, will also take up a strategic advisory role, reporting to the CEO and providing insight into a number of areas including Brexit and retail markets policies.

Liz Field, CEO of PIMFA, said: “We are very fortunate to have such expertise within the organisation and I am very pleased that both Ian and John have agreed to continue supporting us. This expertise is invaluable and I know appreciated by our members, stakeholders and the PIMFA team”

About PIMFA – the Personal Investment Management & Financial Advice Association

• PIMFA is the leading trade association for firms that provide investment management and financial advice to everyone from individuals and families to charities, pension funds, trusts and companies.
• The sector currently looks after £1.3 trillion in private savings and investments and employs over 55,000 people.
• PIMFA represents both full and associate member firms. Full members provide a range of financial solutions including financial advice, portfolio management, as well as investment and execution services. They assist everyone from individuals and families, to charities and pension funds, all the way to trusts and companies.  Associate members provide professional services to the PIMFA community.
• PIMFA leads the debate on policy and regulatory recommendations to ensure that the UK remains a global centre of excellence in the wealth management, investment advice and financial planning arena. Our mission is to create an optimal operating environment so that its member firms can focus on delivering the best service to clients, providing responsible stewardship for their long-term savings and investments.
• PIMFA was created in 2017 as the outcome of a merger between the Association of Professional Financial Advisers (APFA) and the Wealth Management Association (WMA) with a history as a trade association since 1991 – read more.
• Further information can be found at pimfa.co.uk
• To become a member of PIMFA for access to training, benefits and discounts, please visit https://www.pimfa.co.uk/become-a-member or contact us directly at membership@pimfa.co.uk