Old Mutual Wealth rejoins ABI
The Association of British Insurers has confirmed that Old Mutual Wealth is returning to membership, after leaving the trade body in 2008.
"Old Mutual will bring a valuable market perspective to our public policy and regulatory work and will help ensure a strong industry voice on key issues."
Huw Evans, Director General of the ABI, said: "The long-term savings market is evolving rapidly and the ABI is changing fast to ensure we are fit for the future too. Old Mutual will bring a valuable market perspective to our public policy and regulatory work and will help ensure a strong industry voice on key issues."
Steven Levin, CEO, investment platforms at Old Mutual Wealth, added: “As the UK’s leading wealth management company we want to ensure that we are actively engaged in key debates that impact our customers. We are members of a number of trade bodies, reflecting that we work across a broad range of financial services sectors. We are pleased to be joining the ABI and supporting them as they continue to evolve to become a leading voice for the long-term savings market.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote