SDR progress for advisers: MPS element 'still missing'

Meatyard joins PA to discuss the impact that SDR has had so far and sentiment around ESG and sustainability. She says that SDR has "been really positive" but the regulator should consider applying the regulation to MPS. The regulator brought in SDR in November 2023  and it is currently applicable to UK asset managers, including managers of funds, portfolio managers, and distributors. "The piece we're still missing is the MPS element, because that's what translates into the adviser market," Meatyard says. "Until that's fully in place, we're stuck in a frustrating in-between stage wh...