SIF 2022: Advisers must prepare for 'seismic change' towards responsible investing

‘Progress not perfection’

Ayesha Venkataraman
clock • 2 min read

Advisers should brace for changes in the way they operate, advise and recommend funds as the industry moves towards more responsible investing, delegates heard.

Speaking at the Sustainable Investment Festival today, 11 July, Steve Kenny, chief distribution officer at Square Mile said that the industry was headed towards responsible capitalism, possibly leading to the "most fundamental change to the adviser and asset management world since RDR [Retail Distribution Review]." He highlighted the ways in which this change was already underway, with one in seven clients asking about sustainable funds even without regulatory impetus, according to advisers surveyed by Square Mile. In just three years, 40% of surveyed advisers felt that responsible in...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA to cut corporate bonds red tape to drive greater retail investor and wealth manager access

FCA to cut corporate bonds red tape to drive greater retail investor and wealth manager access

Move intended to boost UK growth

Linus Uhlig
clock 31 January 2025 • 2 min read
Partner Insight:  Future-proofing your business:  The case for investment outsourcing

Partner Insight: Future-proofing your business: The case for investment outsourcing

Schroders' Jamie Fowler and Philip Chandler explain why outsourcing is a proactive strategy that can transform your advisory business.

Schroders
clock 31 January 2025 • 2 min read
Watch Professional Adviser's Working Lunch with Orbis now: Risk and return from the bottom up

Watch Professional Adviser's Working Lunch with Orbis now: Risk and return from the bottom up

Catch up on the discussion

Professional Adviser
clock 31 January 2025 • 1 min read