Finance industry player Old Mutual Wealth is re-joining the Association of British Insurers (ABI), the trade union has announced.
Outgoing ABI chairman Paul Evans confirmed on June 13 that the firm is getting back its membership.
Old Mutual Wealth investment platform CEO Steven Levin said the company wants to ensure that it is “actively engaged in key debates” that impact customers.
“We are members of a number of trade bodies, reflecting that we work across a broad range of financial services sectors,” Levin said.
“We are pleased to be joining the ABI and supporting them as they continue to evolve to become a leading voice for the long-term savings market,” he added.
Commenting on Old Mutual Wealth’s return, ABI director general Huw Evans said the long-term savings market is “evolving rapidly” and that the trade union is “changing fast to ensure we are fit for the future too.”
“Old Mutual will bring a valuable market perspective to our public policy and regulatory work and will help ensure a strong industry voice on key issues,” Evans said.
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