Financial Conduct Authority (FCA) Sustainability Disclosure Requirements (SDR) labels will increase trust in sustainability claims for the majority of financial advisers and wealth managers, according to the annual ESG Attitudes Tracker from the Association of Investment Companies (AIC).
Nearly two-thirds (64%) of intermediaries said the labels would increase their trust, with this number higher among wealth managers (78%) than financial advisers (55%). Of the four labels, the Sustainability Focus label is most likely to be used for screening purposes, with 54% of intermediaries saying they would use it in this way. The Sustainability Impact label was the second most popular (52% of respondents), followed by Sustainability Improvers (47%) and finally Sustainability Mixed Goals (37%). Nearly two-thirds of private clients surveyed (63%) said they would increase their...
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
