SDR extension plans will ensure 'uniform standard' for portfolios

Under the proposals published yesterday (23 April), the regulator set out intentions to align the sustainability requirements for asset management companies to portfolio managers in terms of labelling, disclosure and marketing. Quilter Cheviot head of responsible investment Gemma Woodward said the move was a "logical next step", given the success of the SDR labelling regime will depend on consistency of the regulation across the investment landscape. As portfolio management services become ever more popular, especially among wealth management clients it is "important consumers and adv...