UK - The UK Social Investment Forum is stepping up its campaign to encourage money purchase scheme members to reflect their own values in ethical investments.
UKSIF said its Retail Revolution programme would consult with the Association of Independent Financial Advisors during the summer in a bid to enhance the ethical options on offer.
UKSIF executive director Helen Wildsmith said individual investors and DC members should be able to reflect their own values in their investments.
UKSIF said that as part of the programme, a consumer website – www.InvestAbility.org – had been launched for people interested in ethical and socially responsible investment.
The site – funded by the Ethical Investment Research Service – offers information about the ethical option, a “draft toolkit” for IFAs, and a list of IFAs experienced in ethical investment. It also includes information on UKSIF’s campaign encouraging people to lobby their MP to ensure all DC schemes are provided with an ethical option.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.