Growth and competition in the financial services industry will be encouraged and facilitated by government policy as the country emerges from the Covid-19 crisis, Economic Secretary to the Treasury John Glen has said.
Speaking at the Personal Investment Management & Financial Advice Association (PIMFA) Virtual Fest on Wednesday (3 June), City minister Glen told delegates the industry was a core part of the Government's response to the coronavirus pandemic and it had responded effectively. During his session, Government priorities for recovery following Covid-19, he said the Government was fully confident of a strong economic bounce back and, while investor behaviour will change the interaction between the consumer and capital markets, it will be a crucial element to the UK's recovery. He said: "We ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes