Brief

H/Advisors Cicero has been the retained public affairs agency to Fidelity International for over a decade.

We are tasked with providing timely, insightful and useful policy updates and political analysis to the Public Policy team and wider business.

We have advised Fidelity through a period of momentous political upheaval including three General Elections, the Scottish and EU referendums, the Brexit process, COVID-19 and the war in Ukraine.

We identify risks and opportunities for the business, including recommending targeted and impactful opportunities to engage and influence in the public policy process. Key issues include financial regulation, post-Brexit issues, sustainable finance and ESG, pensions policy, and personal finance and investment.

Strategy & Execution

H/Advisors Cicero hosts a weekly analysis call for the Fidelity International team to examine emerging policy, political and regulatory trends.

We also prepare a bespoke weekly report which summarises current issues and scans the horizon for key upcoming events of relevance to the business.

We provide an in-depth policy briefing which builds on the insights provided in the weekly calls and reports, on issues which are critical to the business in planning investment decisions and mitigating risk factors.

The business has gradually increased its appetite for proactive engagement with the public policy process – H/Advisors Cicero has devised strategies that reflect the business’s approach to seek targeted but impactful policy engagement.

Result

From an initial group of three, our political reports and analysis notes are now routinely shared with an internal distribution group of around 40, across public policy, comms, markets, pensions, ESG and compliance functions.

Fidelity’s engagement with policy and political processes has grown and the business is now regularly invited to high-level Ministerial meetings and events, as well as hosting their own roundtables with the likes of Chief Secretary to the Treasury John Glen MP and City Minister Andrew Griffith MP.