'Advisers take note' RIAA welcome sustainable finance roadmap

The eagerly awaited roadmap will outline the direction that financial services will have to move in to achieve a sustainable and successful economy.

The roadmap has been in the works for 23 months and is the result of the latest research in investment management and client behaviour.

RIAA CEO, Simon O’Connor told Good Returns that “advisers need to take note. When the roadmap starts to roll out it will be part of broader changes in the financial services sector around disclosures, around climate change and broader ESG risk.”

O’Connor says that “for an adviser acting between the client and the companies, they can expect to see a whole lot more consistency and disclosure around how their fund managers and KiwiSaver providers talk about sustainability in investment. In the listed company space they can expect to see stronger and better disclosures as well.