The Financial Conduct Authority has introduced an additional label under its Sustainability Disclosure Requirements and investment labels regime called ‘Sustainability Mixed Goals’, it revealed in its final policy statement today (28 November).
The new label will bring the total number to four and will address issues arising in the consultation process about multi-asset and blended strategies, which did not fit into the previous three categories. SDR has consumer at its heart but adviser role is now key Following feedback, the FCA has also removed the word "sustainable" from the labels and replaced it with "sustainability", to reflect how some assets are "on a journey to becoming sustainable". As a result, the updated labels will be called: Sustainability Impact; Sustainability Focus; Sustainability Improvers; and Sustain...
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