‘Misleading’ tobacco claims land Vanguard with greenwashing fine
Firms ‘must be able to substantiate the full exclusion’ of investments
Firms ‘must be able to substantiate the full exclusion’ of investments
Morningstar CEO says the investment strategy has the ‘potential to make a difference in a lot of people’s lives’
‘There’s no turning back’
But most agreed that ‘investments should make a positive difference as well as a financial return’
Reputational risk for recommending funds is a top worry for IFAs
SDR consultation proposes fund labelling, disclosure and marketing rules
To cut down the complexities of making recommendations to clients
Most wealth managers expect going green will help them grow over next three years
It will help retail savers look for IFAs committed to sustainability
As 42% want third-party support around ESG investment offerings and integration
Majority of savers believe sustainability is crucial to delivering long-term returns
It will be exclusively offered to HSBC’s retail banking clients in the country