Overview
Lobbying Costs
550,000€
Financial year: Jun 2016 - May 2017
Lobbyists (Full time equivalent)
2.5 Fte (6)
Lobbyists with EP accreditation
1
High-level Commission meetings
2
Lobbying Costs over the years
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Info
Personal Investment Management & Financial Advice Association (PIMFA)
EU Transparency Register
855507915268-60 First registered on 15 Dec 2014
Goals / Remit
Who we are
The Personal Investment Management and Financial Advice Association (PIMFA) is the UK’s 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.
PIMFA was created in June 2017 as the outcome of the merger between the Association of Professional Financial Advisers (APFA) and the Wealth Management Association (WMA) and represents both full and associate member firms.
PIMFA’s mission is to create an optimal operating environment so that our member firms can focus on delivering the best service to their clients, providing responsible stewardship for their long-term savings and investments. We also lead the debate on policy and regulatory recommendations to ensure that the UK remains a global centre of excellence in the investment management and financial advice.
Our Mission
Our mission is to create an optimal operating environment so that our member firms can focus on delivering the best service to clients, providing responsible stewardship for their long-term savings and investments.
What we Do
1. Represent the diverse range of firms in the investment and financial advice industry with a unified voice
2. Provide industry thought leadership, consolidating our extensive technical insights and expertise in research and policy work
3. Lead the debate on policy and regulatory recommendations to ensure an optimal operating environment for firms and clients, maintaining the UK’s position as a leading global centre of excellence
4. Through our advocacy work, we promote the industry as a key catalyst to develop a culture of savings and investment in the UK
5. Promote a greater understanding of the sector and its role as a beneficial force in transforming the way people save and invest for the future
6. Facilitate dialogue across industry stakeholders, while developing best-practice guidanceMain EU files targeted
Of particular interest to PIMFA over the past parliamentary term have been MiFID/R; PRIIPs legislation; MAD/R; 4AMLD; GDPR; Benchmarks legislation; CRD4; Prospectus Regulation; Green Paper on Retail Markets; Cross Border Pension Product; Consultation on Trilogues; CSDR; Cumulative Effect of Regulation; Capital Market Union and Commission study of advice and distribution in EU Retail Markets, Prudential requirements for investment firms, and the Fintech and sustainable finance agendas.
Address
Head Office
Sheena Gillett
PIMFA
London EC1Y 2AJ
UNITED KINGDOM -
People
Total lobbyists declared
6
Employment time Lobbyists 75% 1 50% 2 25% 3 Lobbyists (Full time equivalent)
2.5
Lobbyists with EP accreditation
All Lobbyists with EP accreditation over time
1 accreditations were / are live (in bold) for the selected state of 15 Mar 2018
Name Start date End Date Mr John BARRASS 05 Nov 2019 05 Nov 2020 Ms Maja ERCEG 05 Nov 2019 05 Nov 2020 Ms Maja ERCEG 08 Jan 2019 05 Nov 2019 Mr John BARRASS 06 Sep 2018 01 Oct 2019 Alexander MERRIMAN 09 Feb 2018 20 Dec 2018 Complementary Information
We determine resource allocation according to the projects at hand, this means that at certain times we may have two or more people devoting 100% of their time to European business.
Person in charge of EU relations
Mr John Barrass (Deputy Chief Executive Officer)
Person with legal responsibility
Ms Elizabeth Field (Chief Executive)
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Categories
Category
II - In-house lobbyists and trade/business/professional associations
Subcategory
Trade and business associations
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Networking
Affiliation
In the EU, PIMFA is a member of the following formal networks: Financial Future; BIPAR and the European Retail Financial Forum (ERFF). PIMFA also participates informally in a full range of Brussels-based networking events.
In the UK, PIMFA is a member of the following formal groups, as well as participating in a range of informal networking events: Joint Money Laundering Steering Group (JMLSG); Joint Trade Association Group (JTAG); Trade Association Co-ordinating Committee (TACC); The International Regulatory Strategy Group (IRSG); and The City UK.Member organisations
None declared
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Financial Data
Closed financial year
Jun 2016 - May 2017
Lobbying costs for closed financial year
550,000€
Other financial info
Please see our annual report at:
https://www.pimfa.co.uk/category/annual-report/
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EU Structures
Groups (European Commission)
none
Groups (European Parliament)
None
Communication activities
Key Annual Conferences (in London):
- Women in Wealth Networking Reception - 8th March 2018
- Associate Members Briefing Reception - 12th March 2018
- GDPR Conference - 22nd March 2018
- Women in Wealth Networking Breakfast - 5th June 2018
- Compliance Conference - 14th June 2018
- Summer Drinks Reception - 19th June 2018
- Associate Members Briefing and Reception - 11th September 2018
- Fintech Conference - 12th September 2018
- Women in Wealth Forum - 3rd October 2018
- Annual Summit - 30th October 2018
In addition we also run regular educational CPD seminars, round table discussions, committees and working parties.
We also publish a fortnightly newsletter, a detailed monthly update and a quarterly magazine. We engage in regular in person briefings of our members throughout the UK Channel Islands, Isle of Man and Ireland about policy, including EU matters that affect them.Other activities
PIMFA exists to support its members and their clients through education and engagement, advocacy and influence, research and analysis and by playing an active role as a facilitator and thought leader.
Through these objectives we aim to ensure that legislative and regulatory changes, including operational, regulatory and tax, across Europe and the rest of the world are appropriate for the range of different firms offering wealth management services, and their underlying clients.
This involves ensuring that policy clearly differentiates between the different business models operated in the financial services sector, and the risks they raise both for their retail clients and wider society.
Meetings
Meetings
2 meetings found. Download meetings
The list below only covers meetings held since November 2014 with commissioners, their cabinet members or directors-general at the European Commission; other lobby meetings with lower-level staff may have taken place, but the European Commission doesn't proactively publish information about these meetings. For more information about which commissioner is responsible for which portfolio, check out this link: https://commissioners.ec.europa.eu/index_en All information below comes from European Commission web pages.
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Date 19 Oct 2016 Location Brussels Subject CMU Cabinet Cabinet of Vice-President Jyrki Katainen Portfolio Jobs, Growth, Investment and Competitiveness Attending - Marlene Madsen (Cabinet member)
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Date 09 Jun 2015 Location Brussels Subject Capital Markets Union Cabinet Cabinet of Vice-President Valdis Dombrovskis Portfolio Euro and Social Dialogue, also in charge of Financial Stability, Financial Services and Capital Markets Union Attending - Lee Foulger (Cabinet member)