"With 32.9% wanting to invest in ESG/sustainable investments, why do actual investments total only 3%? Using the survey results, the 3% of total UK assets managed should increase many times over. These figures suggest that IFA’s are missing out on a large market share, of those keen to take up ESG investments."
[COMMENTARY] This is something I’ve been talking and writing about for decades! Most financial advisors and planners — so many different nomenclatures — are reluctant (or not required) to spend the time to really know their clients. They make a mockery of what should be their ’know thy client’ mandate. Also, the time to gain knowledge concerning ethical/ESG investments, commission arrangements, and other impediments, thus lead numerous advisors to offer inappropriate advice to their clients.
’True Bearing’ Financial Planners Unveil Consumer Attitudes Towards Sustainable Investment, press release, October 11, 2017, True Bearing Chartered Financial Planners, UK.