View more on these topics

Getting the minister to say yes

The IFAP decision raises the question of what a new chief executive will

have to do if polarisation comes under direct attack.

There are rules of engagement which greatly facilitate the way in which

they can be heard in the most constructive manner.

Political consultants say the golden rule when it comes to lobbying is to

get in early and get in often.

Talking to MPs who have a vested interest in the issue helps. The easiest

way to identify these is that they will often be on a standing or select

committee that deals with the area.

The two committees that have direct impact on financial services are the

Treasury select committee and Finance Bill committee

Approaching the minister is effective although it is often difficult as

ministers tend to keep their distance. It is easier to get to know the

corresponding civil servant and more useful, perhaps, given the important

role they play in deciding policy.

Building up allies who have the same attitude towards an issue is helpful.

A coalition of trade bodies is more likely to draw attention to itself than

groups acting on their own accord.

One political consultant says: “One of the most important things to keep

in mind is the wider public policy implications of an issue, not just how

it will affect you.”

Whatever the issue, speaking as often as you can to whoever is willing to

listen is a sure way to be heard. Adopting long-term strategies is

important.

Recommended

Stakeholder will kill off term cover, claim firms

Protection providers are claiming the new rules for stakeholder pensionscould kill off the pension term insurance market.According to Swiss Re&#39s Term Watch report, the protection industry soldabout 50,000 policies last year but it fears this figure could plummetbecause the stakeholder rules make the policies practically unworkable.The old rules for PTA permitted regular premiums of up […]

MD is head over heels as Wentworth Rose turnover leaps by 64%

Turnover at retirement specialist IFA Wentworth Rose rocketed by 64 percent last year.For the year ending April 30, turnover in terms of fees and commissionincreased to £3.93m from £2.39m the previous year.The company says the success of its annuity and drawdown service made asignificant contribution to the year-end figures.Launched last year, the service has added […]

Aisa chief&#39s flying high again as internet hero

IFA James Caldwell is being featured alongside Virgin&#39s Richard Branson ina book published last week entitled www.dotcomheroes.com.The book, written by Louise Proddow, features interviews with 50“netpreneurs”, including ex-RAF pilot and IFA Caldwell.Published by Hodder & Stoughton, the book aims to share in the secrets ofthe personalities behind existing big businesses as well as some of […]

Widows&#39 UK equities chief Corless is ousted

Scottish Widows head of UK equities Mike Corless has been sacked less thantwo weeks before the merger of Widows&#39 investment arm Swim with Hill SamuelAsset Management.Corless, who was appointed to the post four months ago, was dismissed as aresult of poor investment performance. He had been with the firm sincejoining from Threadneedle in 1996.Corless is […]

India budget and the liquidity supercycle

Kunal Desai, manager of the Neptune India Fund, comments on how India’s 2017 budget will impact the Indian economy and equity market. Read article here: Important Information – for Investment Professionals only. Not for Retail Clients.Investment risksThe Neptune India Fund may have a high volatility rating and past performance is not a guide to future […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com