The Ethical Investment Association, UKSIF’s financial adviser chapter, has welcomed the government’s plans to continue EIS/VCT relief for community-based renewable energy investments. The government proposals, announced in a consultation that closed yesterday, represent a rethink since Chancellor George Osborne announced in the March budget that this tax relief would be withdrawn from all investments eligible for Feed-In Tariff (FITs) payments for renewable energy generation.

UKSIF has also welcomed the move in a joint response with community energy organisations to the consultation paper.

Read the full press release.

Read the joint response.

Parrott, a partner in Edinburgh-based IFA firm Ethical Futures becomes the new chair at the EIA training day in Birmingham on December 2nd. Parrott will replace outgoing chair Robin Keyte, of Towers of Taunton Chartered Financial Planners.

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A survey of IFAs, conducted with members of the Ethical Investment Association, has shown that despite the financial crisis consumers continue to put their faith in green and ethical investment. According to the survey 85% of advisers said the financial crisis had impacted on the investment approach of their clients. However, less than two in ten (18%) said it had impacted on the attitude of clients to green and ethical investment. The results are being released in advance of the second National Ethical Investment Week, which runs from 8-14 November.

Read the full press release.