Unpacking SDR: What portfolio managers need to know

In April, the Financial Conduct Authority (FCA) released consultation paper CP24/8, which proposed extending the Sustainability Disclosure Requirements (SDR) regime to portfolio managers. Under the proposals, portfolio managers will be permitted to use the new labels from 2 December, with the naming and marketing rules and the requirement to make accompanying disclosures applying from the same date. However, last month, the Personal Investment Management & Financial Advice Association (PIMFA) voiced concerns, arguing that the 2 December deadline does not provide firms with enough prep...