Industry backs delay of SDR portfolio management rules

Professionals support the delay, citing the need for clarity

Sahar Nazir
clock • 1 min read

The majority of industry professionals support the 12-month delay of the introduction of the Sustainability Disclosure Requirements (SDR) portfolio management rules, a Professional Adviser poll has found.

In last week's PA Asks, it was revealed that 75% of respondents are in favour of the delay, while 6% oppose it, and 19% said they remain uncertain. One respondent who said they support the delay said it is "better to get this right and if a delay is required to achieve clarity, then so be it". Another respondent with a similar view said they believe SDR is "another piece of rubbish regulation". Meanwhile, another pundit said they support a 12-month delay because SDR seems to be another set of rules to keep the Financial Conduct Authority "gainfully employed". "Sustainable portfolio...

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