IA comments on the FCA's consultation on Sustainability Disclosure Requirements and investment labels
Commenting on the FCA's consultation on Sustainability Disclosure Requirements and investment labels published today, Galina Dimitrova, Director for Investment and Capital Markets at the Investment Association, said:
“We welcome the FCA’s consultation on sustainability disclosure requirements and investment labels. A labelling system can play a valuable role in providing a useful shorthand to help savers navigate the growing number of sustainable and responsible investment products and to compare the sustainability credentials of their investments. We look forward to working with our industry, regulators, and other stakeholders to deliver an effective labelling system, which can be easily understood by investors and help build trust in this important area of the fund market.”
For further information, please contact:
Katie Martin, Head of Communications: [email protected]
T: +44 (0)20 7269 4655
Clive Booth, Communications Manager: [email protected]
T: +44 7960 149 200
Camilla Esmund, Communications Executive: [email protected]
T: +44 (0)20 7269 4625
IA press office: [email protected]
T: 020 7269 4696
About the Investment Association (IA):
- The IA champions UK investment management, supporting British savers, investors and businesses. Our 270 members manage £9.4 trillion of assets and the investment management industry supports 114,000 jobs across the UK.
- Our mission is to make investment better. Better for clients, so they achieve their financial goals. Better for companies, so they get the capital they need to grow. And better for the economy, so everyone prospers.
- Our purpose is to ensure investment managers are in the best possible position to:
- Build people’s resilience to financial adversity
- Help people achieve their financial aspirations
- Enable people to maintain a decent standard of living as they grow older
- Contribute to economic growth through the efficient allocation of capital.
- The money our members manage is in a wide variety of investment vehicles including authorised investment funds, pension funds and stocks and shares ISAs.
- The UK is the second largest investment management centre in the world, after the US and manages over a third (37%) of all assets managed in Europe.
