Schroders warns advisers: 'Nowhere to hide' from FCA's SDR

Rich Fox sheds light on firms’ readiness for upcoming SDR

Sahar Nazir
clock • 1 min read

Advisers have “nowhere to hide” when it comes to the regulator’s Sustainability Disclosure Requirements (SDR) and “must familiarise themselves with the considerations”, according to Schroders.

Speaking at Schroders' Manchester Investment Conference today (14 May), head of UK public policy Rich Fox urged advisers to familiarise themselves with the requirements to effectively guide their clients. "Advisers need to consider: Are they ready for SDR in July? Do they know their way through SDR?" he said, highlighting the importance of aligning model portfolios with sustainability standards. He also highlighted Schroders' "proactive" approach in preparing for the labelling of their funds. He said there has been "significant effort required" to comply with the SDR agreements. "W...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA: Most firms unable to meet bereavement claims performance levels

FCA: Most firms unable to meet bereavement claims performance levels

Call for improved bereavement handling times

Cameron Roberts
clock 22 November 2024 • 3 min read
ETF providers launch unlisted share classes to tackle slow MPS adoption

ETF providers launch unlisted share classes to tackle slow MPS adoption

Technological and cost barriers

Valeria Martinez
clock 22 November 2024 • 5 min read
Advisers expect regulation to limit time taken on giving advice

Advisers expect regulation to limit time taken on giving advice

Industry expects it will constrain their ability to meet demand

Isabel Baxter
clock 22 November 2024 • 2 min read