FCA drops SDR plans for portfolio managers

To focus on MPS review for now

Jen Frost
clock • 4 min read

The Financial Conduct Authority (FCA) has reversed on plans to apply Sustainability Disclosure Requirements (SDR) to portfolio management at this time.

The move follows delays to a policy statement on the matter initially expected in Q2 2025. In an April update on its SDR consultation page, the FCA has since set out that "it is not the right time to finalise rules on extending rules on extending SDR to portfolio management". The regulator cited feedback received during a consultation process. Instead, it intends to prioritise its forthcoming multi-firm review into model portfolio services (MPS) and their application of Consumer Duty, which was announced last February. While the regulator appears to have dropped SDR plans for portfoli...

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

Jen Frost
Author spotlight

Jen Frost

Editor at Professional Adviser

More on Investment

Beyond the 60/40: Why the traditional portfolio blueprint is being tested again

Beyond the 60/40: Why the traditional portfolio blueprint is being tested again

'Bonds should not be doing all the defensive work'

Will Dickson
clock 09 July 2026 • 4 min read
SEI to launch two LTAFs in private markets 'expansion'

SEI to launch two LTAFs in private markets 'expansion'

‘Mansion House ambition’

Cristian Angeloni
clock 03 July 2026 • 1 min read
Darius McDermott: Building a resilient portfolio in a concentrated market

Darius McDermott: Building a resilient portfolio in a concentrated market

'A well-balanced portfolio should also take in the broadest possible range of growth opportunities'

Darius McDermott
clock 01 July 2026 • 5 min read