Wed 20 Feb 19 at WEBINAR, Online
There is an increasing focus on value for money in the investment industry. In the UK and elsewhere, regulators and government have challenged financial services firms to demonstrate how they are delivering value to clients.
CFA UK's Value for Money Working Group have authored a report that notes a lack of common understanding around VFM is inhibiting clarity and transparency. It calls for a clearer taxonomy around VFM and proposes a model framework for assessment that is designed to work for all funds with three main elements:
- Costs and charges
- Output, defined as risk and return
- Quality and service
Lastly, the report emphasises the importance for asset managers of putting their client in central view. Each client has different needs and views of the value they wish to receive for their money. These can only be uncovered and targeted through an early and ongoing dialogue.
Professionalism Advisor, CFA UK
Andy Burton is Professionalism Advisor at CFA UK and helped facilitate the research and production of the CFA UK’s Value for Money report. He previously led research, origination, business management and conduct risk functions of sell-side global debt capital markets businesses.
Director, Redington
Jonathan has worked in the workplace pensions and savings industry for over 15 years. He is currently a director in Redington’s DC & Financial Wellbeing team as well as an independent trustee of the Aviva Master Trust.
Prior to these roles, Jonathan held senior positions in insurance (Head of Investment Strategy for Zurich Corporate Savings), consulting (senior consultant for Willis Towers Watson) and asset management (Head of EMEA DC for Dimensional Fund Advisors). He also founded his own consultancy business which worked with a variety of clients across the pensions industry.
Jonathan is CFA charterholder (2005) and holds the Diploma in financial planning. He graduated from Bristol University with a BA (Hons) in ancient history.
Save the dateDate
Wednesday 20 February 19
Time
Registration: 12:55
Event: 13:00 - 19:00
Location
WEBINAR, Link will be emailed closer to the time, Online
View map | View directions
Nearest tube station
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Price
Member - £0
Non-member - £20
This is eligible for 0.75 CPD hours