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The first thing you need to do is insert the correct date in the document which has been incorrectly dated. It is important that the date on the document accurately reflects the date on which the parties to it intended to be bound by its terms. Normally, this is the date when the parties: • signed the document (if it is a simple agreement as opposed to a deed), or • delivered the document (if it is a deed) In the absence of any provision to the contrary in the document, it will be presumed that the date on a document is the date the document took effect. If the date is wrong, there could be confusion about when the document took effect. How should a document be dated? It depends whether the document in question is a simple agreement or a deed. In the case of a simple agreement, the document should be dated with the date on which
GLOSSARY
Integrated Single Electricity Market
IA
GLOSSARY
See Investment Association.
GLOSSARY
The Insolvency Act 1986—an Act of the Parliament of the United Kingdom that provides the legal platform for all matters relating to personal and corporate insolvency in the UK.
NEWS
The Investment Association (IA) has published its Investment Management Survey for 2024-2025, reporting that pension assets remain the largest institutional client segment at £2trn, representing 51% of the £3.8trn total assets managed by members on behalf of UK institutional clients at the end of 2024. The survey shows workplace defined contribution (DC) assets under management rose to £650bn, marking a 40% increase since 2019, while defined benefit (DB) scheme assets fell 12% to £1.7trn from £1.9trn in 2023. Local Government Pension Scheme assets continued to grow, reaching £415bn by the end of 2024. The survey indicates corporate pension schemes declined to 43.1% from 47.3% over the past year, reflecting structural shifts as DC becomes the dominant scheme type while many DB schemes wind down. Individual and self-invested DC arrangements rose from £750bn to £820bn.
GLOSSARY
Principles of executive remuneration now published by the Investment Association, following its merger with the ABI’s investment affairs division in June 2014.
NEWS
The Investment Association (IA) and the Investment Management Association of Singapore (IMAS) have announced its participation in Project Guardian, an international initiative led by the Monetary Authority of Singapore (MAS) aimed at exploring the potential of blockchain and asset tokenisation. The project, which includes the UK Financial Conduct Authority (FCA), aims to establish industry frameworks for asset tokenisation and develop standards for digital asset markets. As the first domestic trade associations and asset management-specific bodies to join the initiative, IA and IMAS mark a significant milestone in fostering global collaboration and innovation in digital assets.
NEWS
The Investment Association (IA) and Investment Management Association of Singapore (IMAS), in collaboration with the Financial Conduct Authority (FCA) and the Monetary Authority of Singapore (MAS), have published a report titled 'Bridging the Adoption Gap: Aligning Digital Asset Offerings with Buy-Side Requirements'. The report includes a checklist to guide stakeholders on operational, commercial, and regulatory considerations around the design and launch of digital products and services.
NEWS
The Investment Association (IA) and Technology Working Group have published a report on the current and future application of artificial intelligence (AI) technology in the UK asset management industry, as well as the barriers firms have or are anticipated to encounter in adopting AI.
NEWS
The Investment Association (IA) has published a series of recommendations to help increase private market investment and support UK economic growth and competitiveness. The proposals highlight the role of private capital—currently contributing nearly £200bn annually to the UK economy—and build on recent government initiatives to unlock pension fund capital. Alongside the recommendations, the IA launched its ‘Modern Industry Investment Programme’ to facilitate collaboration between high-growth sectors, investors, and policymakers. The initiative aims to identify barriers to investment and develop tailored policy solutions on a sector-by-sector basis.
NEWS
The Investment Association (IA) has published its ‘Investing for a Better Retirement’ paper, outlining a series of principles and four key recommendations designed to improve saver engagement with retirement choices and a stronger focus on retirement outcomes and calls for access to high-quality, sustainable retirement income solutions for UK savers. The paper emphasises that effective retirement income delivery should be flexible, inflation protected, tax efficient, future-proof, and value-for-money. It also addresses the significant challenge faced by retirees amid inflationary pressures and complex pension wealth decisions, noting that nearly 30% of non-advised defined contribution (DC) pension customers do not actively seek guidance, with an estimated 10 million individuals accessing pensions without advice.
NEWS
The Investment Association (IA), in association with Eversheds Sutherland, has published Q&A guidance on implementing the Financial Conduct Authority (FCA)’s sustainability disclosure requirements (SDR).