Westminster Business Forum

Options for investment management reform - advice, governance, and strengthening investment market performance and consumer protection

TO BE PUBLISHED February 2020

This conference is bringing together policy officials and stakeholders to examine options being considered for regulatory reform of the investment management sector in the UK.

The agenda focuses on what should be done to address the ‘advice gap’ and improve the affordability of financial advice.

Delegates will also consider key issues for governance in the context of market trends and other factors that are affecting the investment management sector.

The discussion comes at a time of increasing scrutiny of governance, transparency, and the conduct of firms and advisers - as well as the role of regulators and consumer protection agencies.

It is timed as the FCA considers its response to feedback on its evaluation of the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR).

Areas for discussion include:

  • Consumer demand - and how the market works in serving it;
  • Market trends - and what they mean for the future of advice and guidance services;
  • Smaller retail investors - and their access to the advice they need; and
  • Robo-advisers - their impact on the market.

The conference also comes as the government considers feedback to its consultation on the wider regulatory framework for financial services post-Brexit as part of its Financial Services Future Regulatory Framework Review.


There will be a keynote address from: Dr Jonathan Lipkin, Director, Policy, Strategy and Research, The Investment Association.

Further confirmed speakers include: Daniel Broby, Strathclyde Business School; Simon Harrington, PIMFA; Mario Lupori, RateSetter; Alistair McQueen, Aviva; Alan Miller, SCM Direct; Professor Janette Rutterford, The Open University; Paula Steele, John Lamb and James Suter, London Economics.

The agenda

  • The future for the retail investment market in the UK;
  • Investment market performance and preventing fund failure - value for money, adapting to consumer trends, and protecting investors;
  • Key issues for governance, transparency, and culture; and
  • Adapting to the changing market for financial advice - regulation, innovation, and addressing the advice gap.

The framework for effective stewardship and implementing the revised Stewardship Code.

Price: £95 PLUS VAT

Shortly after every Westminster Business Forum seminar, a briefing document is produced. This is distributed to all delegates on the day as well as to our policymaker contacts in government, and to stakeholders more widely.

A seminar publication provides a timely record of proceedings, and acts as a guide to the latest thinking on current policy issues for those unable to be at the event.

This publication includes


Contributions from keynotes and panellists, including accompanying slides*
*Subject to approval

Delegate Pack

Information from the day, including delegate list, biographies and agenda


Transcript of questions and comments posed to speakers from attending delegates


Supplementary articles from speakers
and delegates