Fund platform interactive investor has called on the Financial Conduct Authority to “urgently” introduce consistent ESG terminology for DIY investors.
The call follows the publication of the FCA's discussion paper ‘Sustainability Disclosure Requirements (SDR) and investment labels. ii - the UK's second largest DIY investment platform - highlighted the urgency of the initiative and proclaimed: "Not more jargon". ESG ratings: Bringing transparency or just greenwashing? According to ii, more needs to be done to ensure retail investors feel "empowered" when choosing responsible investment products. Moira O'Neill, head of personal finance at ii, said: "We welcome this paper and are delighted to feed back, but we can't help but desp...
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