Green advisers push back at 'lazy and dated' sustainability views

‘Financial planning cannot operate in an ignorance is bliss bubble’

Isabel Baxter
clock • 4 min read

A number of those who are sustainability-focused among the industry have raised concerns about adviser views on the subject.

This comes as a PA Asks survey saw an adviser slam sustainability as an "overdone and ludicrous subject". It also revealed that only 18% would consider going on a sustainability regulation course. Path Financial founder David MacDonald believes the results of the survey have revealed "disappointingly low numbers". "It is truly shocking that still only 18% of respondents showing any interest in the question of sustainability regulation," he said. "It seems the prevailing view in the financial industry along the lines of ‘we assume clients don't care about what their money is infl...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Green

SDR changes: What next for financial advisers?

SDR changes: What next for financial advisers?

‘Improved transparency should put impact investing back on the agenda’

Isabel Baxter
clock 10 September 2024 • 7 min read
Unpacking ESG funds: Will the new SDR labels really help investors?

Unpacking ESG funds: Will the new SDR labels really help investors?

More jargon-busting work to be done

Laura Suter
clock 09 September 2024 • 3 min read
UK anti-greenwashing rule and guidance: What advisers need to know

UK anti-greenwashing rule and guidance: What advisers need to know

Sustainability characteristics must be consistent

Jessica Reed and Kya Fear
clock 30 August 2024 • 4 min read