IA comment on Andy Burnham becoming Prime Minister
Commenting on Andy Burnham becoming Prime Minister of the United Kingdom, John Owen, Chief Executive of the Investment Association, said:
“We look forward to working closely with Andy Burnham and his new government, including John Healey as Chancellor of the Exchequer on our shared goals to strengthen household financial resilience and drive growth across the UK.
"Our industry looks after the savings of millions of people in the UK, mainly through workplace pensions and ISAs, investing them for the long term to help households build financial resilience and enjoy greater security in retirement.
"Through the Invest for the Future campaign, we are also building confidence and understanding so more families can see how investing can support their long-term financial wellbeing, taking that conversation to communities right across the UK – from Manchester to Cardiff, Norwich to Glasgow, and Leeds to Bristol.
"By working together across government and industry, we can help more people secure their financial futures, while unlocking investment to support sustainable growth across the UK.”
For further information, please contact:
Helen Ayres, Head of Communications: [email protected]
T: +44 (0)20 7269 4620
Sebastian Merrett, Communications Manager: [email protected]
T: +44 7802 449693
IA Press Office: [email protected]
About the Investment Association (IA):
- The IA champions UK investment management, supporting British savers, investors and businesses. Our 250 members manage £10.0 trillion of assets.
- Our mission is to make investment better. Better for clients, so they achieve their financial goals. Better for companies, so they get the capital they need to grow. And better for the economy, so everyone prospers.
- Our purpose is to ensure investment managers are in the best possible position to:
- Build people’s resilience to financial adversity
- Help people achieve their financial aspirations
- Enable people to maintain a decent standard of living as they grow older
- Contribute to economic growth through the efficient allocation of capital.
- The money our members manage is in a wide variety of investment vehicles including authorised investment funds, pension funds and stocks and shares ISAs.
- The UK is the second largest investment management centre in the world after the US, and manages £5.1 trillion in overseas client AUM.
