Wealth & Advice firms are eagerly awaiting upcoming FCA regulation with the potential for new consumer disclosures and ESG investment product labelling requirements. Alpha & PIMFA’s industry insights show that firms have already made progress in developing their initial ESG investment offerings, but will need to provide more robust client reporting to back up these ESG products and evidence their benefits to consumers.
In collaboration with PIMFA, the UK’s leading trade body for investment management & financial advice firms, Alpha conducted a survey to gain insights on:
- Client Preferences: How are firms approaching retail clients to understand their preferences for ESG investing and how is this aligning to their overall suitability and attitude to risk?
- Investment Strategies: What approaches are firms using to differentiate their ESG offerings?
- Client Reporting: Are firms providing meaningful ESG data that clients can understand and that supports education on the topic?
- Regulation: How are firms preparing for the upcoming Sustainable Disclosure Requirements (SDR) and investment labels regulation from the FCA?
Please follow the link below to download a summary of the survey results and key insights.
If you are interested in discussing any of the themes from this survey with one of our experienced team of consultants please do get in touch.
About the Authors
Kenn Taylor
Director, Head of UK Wealth Management Practice
Kenn is a Director at Alpha and leads our UK Wealth Management Practice. He is a senior business adviser having led consulting teams with Grant Thornton, Navigant and Troika, and has been a member on the Board of Prudential Financial Services. His experience within the investment industry comprises strong asset management, wealth and retirement business experience from leading critical assignments for the leading UK Wealth & Asset Managers, Retail and Workplace Platforms. His consulting experience covers Wealth, Pensions and Investment operations and outsourcing, particularly proposition development, supplier assessment, operating models, business case development and deal negotiations.
Dominic Lloyd
Senior Manager
Dominic is a Senior Manager in our UK Wealth Management team and leads our ESG proposition for the practice. He has experience working with many of the UK’s largest Wealth Managers and leads the delivery of projects ranging from Strategy & Operational Design to System Implementations. Dominic worked closely with PIMFA to curate these insights and continues to support our clients with evolving ESG regulation and industry trends.