The Investment Association (IA) is consulting on proposals which would see retail investors provided with product labels for funds linked to sustainability and responsible investing (SRI) products, in efforts to aid investors in achieving "both their financial as well as their environmental and social goals".
As part of a suite of proposals on sustainability and responsible investment, the IA identified growing retail interest in SRI products and the industry's duty to "help our clients (especially retail) to navigate the UK fund universe effectively" as the drivers behind its latest consultation paper. The product label would improve the "visibility" of SRI products to retail investors, including end consumers, platform providers and IFAs, the IA explained. Implemented across all asset classes, it would aim to give greater detail over the breadth of offering, improve clarity and comprehen...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
