Edinburgh Members Briefing

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The Investment Association is pleased to invite you to the Edinburgh Members' Briefing, in person, on the 09 November kindly hosted by Burges Salmon in Edinburgh.

The Briefing will provide our members in Scotland with an update on key areas of focus for the investment management community. The event will also include updates from the FCA. 

This briefing will also provide our Scottish members with an ideal opportunity to meet and discuss the investment management community's vital contribution to the economy and our constant work in harnessing savings, investing in businesses and financing growth across the UK. Topics to be covered include:

• Policy & Market Overview
• Investment Management Survey results
• Consumer Duty
• Sustainability & Responsible Investment
• Key Regulatory Developments in the UK
• Building a more diverse industry

Don't delay, register today! 

08:30 Registration

09:00 Introductory Remarks from the IA and Policy & Market Overview
Chris Cummings, Chief Executive, The Investment Association

09:30 Investment Management Survey results (2022 Market Viewpoint)
Miranda Seath, Head of Market Insight, The Investment Association

10:00 Key Regulatory Developments in the UK
Jonathan Lipkin, Director of Policy, Strategy & Innovation, The Investment Association

10:30 Sustainability & Responsible Investment
Galina Dimitrova, Director of Investment and Capital Markets, The Investment Association

11:00 Networking Break

11:15 Building a more diverse industry 
Karis Stander, Director of Culture, Talent & Inclusion, The Investment Association

11:45 Updates from the FCA
Maggie Craig, Head of Devolved Nations, FCA

• Cost of Living
• Consumer Investments & New Consumer Duty
• ESG
• Financial Services & Markets Bill

12:15 Consumer Duty – Panel discussion 
Pauline Hawkes-Bunyan, Director of Business: Risk & Resilience, The Investment Association

Tom Dunn, Partner, Burges Salmon

James Marsden, Head of UK Compliance, abrdn

12:45 Closing Remarks
Chris Cummings, Chief Executive, The Investment Association

12:50 End of Briefing

Chris Cummings, Chief Executive Officer, The Investment Association
Chris Cummings is the Chief Executive of The Investment Association, a post he has held since September 2016. The Investment Association is the trade body that represents UK-based investment managers.
He is a member of HM Treasury’s Asset Management Taskforce, and was a founding member of its Financial Services Trade & Investment Board. He serves on the Chancellor’s Financial Services Industry Advisory Group and Department for International Trade’s Financial Services Trade Advisory Group. He is a Board member on EFAMA, the European trade association for investment management and is a member of the Regulation Committee of IIFA, the international association for investment management. He is also a Trustee of Just Finance Foundation.
He was previously a member of the Financial Conduct Authority’s Regulatory Decisions Committee, a Settlement Decision Maker for the Payment Services Regulator. He served on the Foreign & Commonwealth’s Diplomatic Excellence Panel.
Before joining The Investment Association he was the founding CEO of TheCityUK, held senior posts in banking, insurance and consulting with major global firms. He is a regular columnist, commentator and speaker on issues of international competitiveness and regulation in financial services.

Miranda Seath, Director of Market Insight & Fund Sectors, The Investment Association
Miranda joined the IA in May 2019 as Head of Market Insight and oversees the Research, Statistics and Sectors teams. As part of her role, she works with the Research and Statistics team to provide analysis of data and trends in UK investment management to IA Members and external stakeholders. She is also actively involved in IA Sectors, the fund classification scheme designed to help investors navigate the retail fund universe.
Miranda was Research Director successively at Platforum and NextWealth, both of which are research and consulting firms focused on analysing the distribution of retail investments. Her areas of expertise included: UK fund distribution, the advice and discretionary investment management markets, UK investment platforms and the post-retirement market. She has been a regular press commentator and speaker on retail investment distribution trends.

Karis Stander, Director of Culture, Talent & Inclusion, MD, Investment20/20 
Karis leads the Culture, Talent and Inclusion team at the Investment Association supporting members in driving a forward looking, responsible and inclusive industry that attracts, develops and retains talented people from all backgrounds, from early careers through to senior leaders.  She is the MD of Investment20/20, the IA’s multi-award winning talent solution, that has enabled more than 2,000 young people from a diversity of backgrounds to start their careers in the industry.

Galina Dimitrova, Director of Investment & Capital Markets, The Investment Association
In her role, she has overall responsibility for the IA’s work on investments and capital markets, including representing investors' interests in the efficient functioning markets and quality of asset classes, such as Equity, Fixed-income, FX, Infrastructure, and Private Markets. She also has oversight of all IA Special Committees and ETFs, as well as all trading, market infrastructure and investment operations’ matters relevant to IA members.
Central to her portfolio is helping members with the evolving Sustainability & Responsible Investment landscape, including the growth of responsible investment products and strategies, our clients’ changing preference and working together towards an economy, society and planet fit for the future.
Prior to joining the IA in 2014, Galina worked in the investment banking industry and has over 10 years’ experience advising financial institutions across the world on M&A, capital raisings and restructurings, with a particular focus on emerging markets.
Galina is a member of the UK Risk Free Rate Working Group and the ICE LIBOR Oversight Committee. She also sits on the Bank of England FX Joint Standing Committee and TheCityUK Board of Directors.  

Dr Jonathan Lipkin, DirectorPolicy, Strategy and Innovation, The Investment Association
Jonathan is Director of Policy, Strategy and Innovation at The Investment Association (IA) and a member of the IA management team. 
Jonathan’s policy role focuses on how the industry serves its customer markets. This includes areas such as products and competition; fund communications and governance; and the long-term savings and pensions regimes in the UK and internationally. He also works closely on the IA’s broader strategic positioning and leads its programme to support industry innovation.
Jonathan joined the IA in 2005, becoming Director of Public Policy and a member of the IA Executive Committee in 2012. Prior to 2005, he worked for a number of years at Oxford Analytica, an international consultancy. At OA, he led the European political and economic analysis serving a wide range of domestic and overseas clients, both corporate and governmental. 
Jonathan is a Board Member of the Cost Transparency Initiative, Chair of the EFAMA Pensions Group and is a member of the Advisory Board of the Centre for Asset Management Research at Bayes Business School. He writes and speaks regularly both in the UK and abroad on investment management and pensions issues

Pauline Hawkes-Bunyan, Director, Business: Risk & Resilience, The Investment Association
Pauline is the ExCo Director responsible for the Business: Risk & Resilience Team at The Investment Association (IA) supporting IA member firms on policy issues that impact on firms and on regulatory change more generally. Key current areas of focus include the FCA Consumer Duty and the Financial Services & Markets Bill.
Pauline has spent more than 20 years in the investment management industry seeing industry opportunities and challenges from adviser, in-house and trade body perspectives. Prior to joining the IA, Pauline was a Director at Aviva and Financial Services Partner at Deloitte.

Maggie Craig, Head of Devolved Nations, FCA
Maggie Craig is the FCA’s Head of Devolved Nations. This role was created in 2021 when Maggie’s position as Head of Scotland was expanded to cover Northern Ireland and Wales. Her role focuses on representing the FCA in the devolved nations, actively engaging with the financial services community in its broadest sense, as well as representing the devolved nations within the FCA. Maggie also has responsibility for the FCA Scotland office at Quayside House in Edinburgh.
Previously, Maggie was Head of Insurance and Pension Policy, in Strategy and Competition at the FCA and led the FCA Policy work on the substantial pensions change agenda, including pension freedoms, the exit charge cap and the LISA. She also led on the Insurance Distribution Directive, GI renewals and other general insurance initiatives. She is active in the FCA’s Diversity and Inclusion agenda, with particular focus on mental health issues.
Immediately prior to the FCA, Maggie was at the ABI as Director of Life and Savings, then Acting Director General and finally Director of Conduct Regulation. Before that Maggie spent her career in the Scottish Financial Services industry including Standard Life and Aegon.Alongside her day job at the FCA, Maggie is an honorary professor at Heriot Watt University delivering lectures on financial services regulation. She is an external examiner for the Financial Services and Regulation Skills module of the Diploma at The University of Edinburgh Law School and sits on the advisory panel for The University of Edinburgh’s Finance Technology and Policy MSc. She also chairs the Scottish Financial Education Forum run by the Money and Pensions Service in Scotland and is a Trustee on the Board of Children 1st, Scotland’s national children’s charity

James Marsden, Head of UK Compliance, abrdn
James is the Head of UK Compliance at abrdn, and is responsible for the compliance oversight of abrdn’s UK-domiciled Management Companies. James also heads up the funds and distribution Compliance team which provides Compliance advice, challenge and oversight to the Product, Distribution and Marketing functions.
James has performed a number of roles within Risk & Compliance across both the insurance and asset management sectors over the past 12 years, including supporting the implementation of Solvency II and MiFID II.

Tom Dunn, Partner, Burges Salmon
Tom Dunn is a specialist in investment funds and financial services regulatory work and head of the retail funds and financial regulation team at Burges Salmon.  He is ranked by Chambers and Legal 500 as a leading individual in relation to open-ended investment funds.  Tom and his team advise asset managers on all aspects of regulatory compliance including the Consumer Duty.  

Kindly hosted by Burges Salmon