The Financial Conduct Authority's Sustainability Disclosure Requirements labels will increase trust in sustainability claims for the majority of financial advisers and wealth managers, according to a survey.
The annual ESG Attitudes Tracker from the Association of Investment Companies found that nearly two-thirds (64%) of intermediaries said the labels would increase their trust, with this number higher among wealth managers (78%) than financial advisers (55%). Of the four labels, the Sustainability Focus label is most likely to be used for screening purposes, with 54% of intermediaries saying they would use it in this way. The Sustainability Impact label was the second most popular (52% of respondents), followed by Sustainability Improvers (47%) and finally Sustainability Mixed Goals (37...
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