Pat Shea joins TISA Board
TISA, the investments and savings membership organisation, has announced that Pat Shea, Head of FundsNetwork, has joined its Board as a Non-Executive Director.
Pat Shea has been with Fidelity for over 31 years. In this time, he has held a variety of roles in a number of countries, including Chief Operating Officer for the Asia-Pacific region, Country Head for the Taiwan business, Head of UK/European Customer Services and Country Head for Fidelity’s India operation.
In late 2012, Pat became the Head of FundsNetwork. FundsNetwork is a leading investment services platform committed to helping intermediary and institutional clients grow their businesses.
Clive Shelton, TISA Chairman said:
“We are delighted that Pat has joined the Board. He is well versed in both consumer and intermediary needs and expectations from platform operations covering a wide range of investment propositions, including pensions. He will bring valuable expertise and insight to the Board to help ensure that TISA continues to meet the needs of our broad membership base, whilst retaining our focus on doing what is best for the consumer.”
Pat Shea, Head of FundsNetwork, said:
“I’m excited to join the TISA Board as I’m passionate about their commitment to ensuring consumers have the best options available for them when it comes to their savings. I hope to bring further depth of knowledge on pensions and platform services and I’m looking forward to working with the Board as TISA develops its innovative strategic policy for the future.”
Pat Shea joins a team of 8 Non-Executive Directors on the TISA Board.
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Issued on behalf of TISA by Atlas Partners, for further information please contact:Sarah Evans, telephone: 020 7183 7154 or 07717 058682, email sarah.evans@atlas-partners.co.uk Email: tisa@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.
TISA’s growing membership comprises more than 170 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
• ISA’s: 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.
Website: www.tisa.uk.com