In responding to the publication of the Retail Distribution Review (RDR) final rules paper from the Financial Services Authority, Penny Shepherd MBE, chief executive of UKSIF, said:
“The proposals should be good news for consumers interested in green and ethical investments. A growing number of consumers want unbiased help in exploring green and ethical investment for part of their portfolio. A smaller, but significant, group that want to only invest ethically also need professional financial advice.
“Research for National Ethical Investment Week found that half of investors want to make money and make a difference. The RDR should encourage more advisers to meet this mainstream demand. And we are delighted that it will also allow specialist advisers to continue to provide independent advice only to ethical investment clients.”
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