Scottish Mutual is launching its own ethical fund, invested predominantly in UK equities. The unit-...
Scottish Mutual is launching its own ethical fund, invested predominantly in UK equities. The unit-linked fund will be available through the group's pension contracts and bases its selected screening criteria on research by ethical research specialists EIRIS (The Ethical Investment Research Service). Nick Kelly, product development actuary at Scottish Mutual, said the ethical fund was another investment option in Scottish Mutual's range of pension funds. The new fund will not alter the company's commission structure and will operate under the same regime as any other in-house fund. The a...
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