Building a more financially self-reliant society
Recently, the Association of Financial Mutuals wrote to all the main political parties, to suggest policy options they might incorporate into their manifestos ahead of next month’s general election.
We are calling on the next Government to commit to actively supporting financial mutuals by:
- Recognising the value to consumers of mutuals, by requiring legislators and Government departments to ensure rules are fit for purpose;
- Removing barriers to the creation of new mutuals, and better enable existing mutuals to raise capital from new sources;
- Embracing new opportunities for mutual insurers to support Government policy in healthcare, and in delivering a fairer and more resilient society.
We aim to publish response from the parties in incoming weeks as they announce their manifestos. To read more, read the manifesto document: Building a more self-reliant society.