The Tax Incentivised Savings Association is to carry out a series of pilot exercises over the next three months as part of its re-registration programme.
Tisa says its standard service level agreements are also close to being finalised and will then be available for the industry to give feedback.
The association says that the legal aspects of re-registration are also well advanced.
Chair of Tisa’s executive steering committee David Dalton-Brown (pictured) says: “There is tremendous support from the industry for this Tisa project, in particular from the major platforms and fund groups and their third party administrators, as well as from our fellow industry bodies, the Investment Management Association and the Association of Private Client Investment Managers and Stockbrokers.
“I am extremely pleased that we will soon have even more tangible progress to discuss as we move towards the next stages in the implementation process.”
He adds: “The programme office, headed by Alistair Reid, is working extremely hard to co-ordinate the programme plan, secure buy-in at senior level from industry participants, and deliver robust industry standards, supporting processes and SLAs.”