COVID-19

We are closely following UK Government advice on COVID-19 as well as heeding industry practice and adopting measures that minimise the risks.

The safety and wellbeing of our staff is of utmost importance and we are currently operating under a general practice of working from home. In addition, our meetings, events and in-person training courses are being postponed or being conducted via online platforms.

Acting as a central source of support to our members continues to be a priority for us as well as focusing on the impact this is all having on the millions of people whose money we ultimately manage - savers and pensioners. We have therefore been working closely with regulators, Government and others in the industry to represent any concerns or issues faced by the industry and ensure our members can continue to fulfil their duties in managing the long-term savings people have invested during these turbulent times.

One natural concern for savers and investors will be the impact of recent volatile markets on their investments. However, the past has repeatedly shown us that markets do eventually recover and therefore any volatility experienced over the short-term matters less when investing for the long-term. For those coming up to retirement or needing access to their money more immediately, options such as de-risking are available but it’s important to take advice before making important decisions about changes to any investment.

To ensure clients’ needs continue to be serviced, the Investment Association – along with the wider financial services industry – have joined global calls to ensure that public markets remain open and keep functioning throughout this pandemic. We have also written to the Chairs of listed companies we invest in to outline how our industry will support them during these turbulent times, helping them focus on business critical issues and taking a long-term view.  These measures will also allow our industry to provide long-term finance for companies with strong governance and business models so that ultimately savers’ and pensioners’ money can continue to grow.

We are continuing to assess what more our industry can do, not just to help companies and savers during the pandemic, but also to help the country recover quickly when the crisis is over.  

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Saving Matters blog 

Get the latest thinking from our CEO and other Executive Committee Directors on COVID-19 related matters. Please click here to find out more.

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Press releases and statements 

Our latest press releases and statements during COVID-19 crisis. Available here.

Member information

Please be advised that if you are a member of the Investment Association you can log in to access a range of resources. If you are part of an IA member firm but do not have log in details for the website, please complete the registration form here.

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COVID-19 expert pages 

This section of our members’ website provides support, information on best practice and acts as a staging post for government recommendations, regulatory guidelines and common issues firms are facing. Please click here to view.

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COVID-19 briefing bulletin

Receive an update on the latest IA activity on behalf of the industry as well as what government and regulators are saying in relation to COVID-19. Click here to view.

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Virtual webinars and training 

Our programme of webinars and virtual events and training is available here to view. 

Industry efforts during COVID-19 crisis 

Across our membership, firms are donating money and setting up other key initiatives at a local and global level to help with the pandemic, including: 

  • continuing to pay small-scale suppliers even though their services and products aren’t being used during the lockdown
  • retaining an external catering company and their staff to continue cooking in an empty office in order to keep them in business. The food is donated to homeless shelters and helps to provide packed lunches for local schools.
  • offering unused flats in London, meant for the firm’s staff, to NHS staff
  • increasing the number of paid volunteering days 
  • working with local food banks and as well as existing partnering charities to ensure they continue to exist after the pandemic
  • donations to research funds, NET, global relief efforts as well as those who are supporting vulnerable people

Investment20/20

If you are a partner firm of Investment20/20 and would like further information and support on how to manage your talent programmes during this time, please email the team on [email protected]

AREF 

To find out about the impact of the COVID-19 crisis on property funds specifically, you can find all the details from the Association of Real Estate Funds (a partner firm of the Investment Association). Click here to find out more.