UKSIF has welcomed the FSA’s guidance consultation paper ‘Assessing suitability: Replacement business and centralised investment propositions’. The trade body which runs National Ethical Investment Week was responding to the consultation on this guidance which closes today.
Read the full press release.
A new ‘Action Guide for Churches’ has been launched to encourage Christians to apply their principles through their savings and investment decisions. The guide has been produced for National Ethical Investment Week (NEIW) in conjunction with the Ecumenical Council for Corporate Responsibility (ECCR). The guide provides practical information on how to raise awareness of green and ethical options ahead of NEIW, taking place from 7-13 November.
Commenting, Rev. Raymond Singh, Vice Chair of ECCR said:
“Many churches now celebrate Fairtrade Fortnight. I hope this Guide will help church members think about where we invest our money and what it is used for. It includes excellent resources for worship and ideas for meetings and displays. Our aim is for ethical investment to become as widespread as fair trade among churches and their members.”
Penny Shepherd MBE, UKSIF Chief Executive, said:
“By choosing a green or ethical option, savers and investors can make a positive difference to society and the environment. We hope faith groups will use NEIW to raise awareness of the impact our financial choices can have. Ethical investing in the UK is rooted in the faith community. Churches, charities, and people of faith were the first to take account of ethical criteria when making investment decisions.”
The ‘Action Guide for Churches’ is sponsored by CCLA Investment Management as part of NEIW10 which is sponsored by Co-operative Financial Services and Ecclesiastical Investment Management.
Read the ‘Action Guide for Churches’.
The Co-operative Financial Services and Ecclesiastical Investment Management are today named as sponsors of the third National Ethical Investment Week (NEIW). Organised by UKSIF, the sustainable investment and finance association, NEIW 2010 will be held 7-13 November. NEIW will feature a series of events and other activities across the country to raise awareness of green and ethical investing.
Penny Shepherd MBE, UKSIF Chief Executive, said:
“After the success of last year we expect NEIW 2010 to be even bigger. The current problems faced by BP have pushed the environment and the need for sustainable development to the top of the investment agenda. Consumers are increasingly aware of the impact of their investments and the opportunity for their finance and investment decisions to have a positive long term impact. Modern green and ethical investment is now an attractive choice for mainstream investors.
Increasing numbers of investors want some exposure to green and ethical investments as part of a mixed portfolio. And they want an improved focus on risks to their investments, including social and environmental risks.”
Read the full press release.
Visit the National Ethical Investment Week website for more information.
The dates of the third National Ethical Investment Week will be 7-13 November 2010. This follows from the success of this year’s NEIW, which featured over 30 events and wide press coverage for green and ethical investing.
Visit the National Ethical Investment Week website.
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.
A series of seminars for advisers are to take place in the run-up to the second National Ethical Investment Week (www.neiw.org) to be held from 8 -14 November. The events in London and Southampton will hear from experts in green and ethical investment and discuss how advisers can help their clients to make money and make a difference. A range of information is available for advisers wishing to deepen their knowledge of green and ethical investing. This includes a free online training course designed specifically for financial advisers available here.
For further details visit www.neiw.org.
Read the full press release.