Rachel Crossley discusses the progress made in the field of socially responsible investment and how fund management groups can work alongside companies towards the introduction of more socially aware working practices
Just over a year has passed since a new regulation came into force requiring all occupational pension funds to disclose in their Statement of Investment Principles, 'the extent to which, if at all, social, environmental or ethical considerations are taken into account in the selection, retention and realisation of investments'. Although this change to the regulation does not directly affect investments such as unit trusts and Isas, it has caused a ripple effect, spreading an interest in Socially Responsible Investment (SRI) across all product areas. As a result, according to Hindsight,...
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