TISA - Tax Incentivised Savings Association - Releases

TISA supports KickStart Money Parliamentary event

Commenting on the KickStart Money event and launch of an independent evaluation report held today at the Houses of Parliament, TISA Chief Operations Officer Carol Knight said:

As proud supporters of KickStart Money, its great to see that its having a real impact. Its vital the financial services industry comes together to work on initiatives like this to help improve the financial wellbeing of our next generation. Teaching children to save can make a huge difference to their future, which is why we will continue to work with the industry and Government to help make financial education available to primary school children.

Ends

Issued on behalf of TISA by Atlas Partners, for further information please contact:
Sarah Evans, telephone: 020 7183 7154 or 07523 609413, email sarah.evans@atlas-partners.co.uk 

Notes for Editors
TISA is a unique, consumer focused membership organisation. Our aim is to improve the financial wellbeing of UK consumers by aligning the interests of people, the financial services industry and the UK economy. We achieve this by delivering innovative, evidence based proposals to government, policy makers and regulators.

TISAs growing membership comprises more than 190 firms involved in the supply and distribution of savings and investment products and services. These members represent all sectors of the financial services industry, including asset managers, insurance companies, fund managers, distributors, building societies, investment managers, third party administrators, FinTech, consultants and advisers, software providers, financial advisers, pension providers, banks and stockbrokers.

Current themes of TISA policy work include:
Brexit: developing proposals for government that will enable the savings and investments sector to prosper on a global scale
Digitalisation: a digital identity for consumers of financial services, innovation, standards and data responsibilities
ISAs: LISA, simplification of the regime
Retirement saving: the Auto Enrolment review, self-employed and pension tax relief
Housing: the use of property to supplement retirement income
Guidance: developing a framework and services to make guidance more widely available
Education: supporting the education of young people to make them aware of the impact of finance on their life.

TISA also provides support on a range of operational and technical issues targeted at improving infrastructure and processes, standards of good practice and the interpretation and implementation of new rules and regulations. TISA has a successful track record in working cooperatively with government, regulators, HMT, DWP and HMRC to improve industry effectiveness by reducing cost and risk and to enhance customer outcomes. This work currently includes: MiFID II, CASS, the UK Fund Trading & Settlement initiative and Payments Strategy Forum. TISA Exchange (TeX) is providing a model for transfers and re-registrations.