Most of what Jones announced was already known, including the creation of a new class of advisers. But a few key elements – related to adviser education and scoped advice – should provide relief to an industry in dire need of reform.
“I wish I could say this is an isolated example,” Kirkland said, explaining the regulator’s concern about a small cohort of advisers who transfer client funds into high-risk investments after being referred by cold-calling telemarketers.
Sustainable investing: investors views following COP26
Tackling climate change is high on everyone’s agenda, with awareness growing that time is running out to protect the planet.
With the UN bringing world leaders together at the 26th conference focussed on tackling global climate change, net zero emissions became part of the debate on action and a part of most news reports. But what impact, if any, did COP26 have on how investors think about their wealth and whether they are prepared to adapt their investment
approach to play their part?
Are returns, at any cost, still the main priority for end investors? How well do they understand the need to act and invest sustainably and are they willing to pay for returns beyond profit?
