AXA IM, RIAA release responsible investing guide for advisers

ESG/ri/responsible-investments/axa-im/RIAA/responsible-investment-association-australasia/

28 November 2018
| By Nicholas Grove |
image
image
expand image

AXA Investment Managers (AXA IM) and the Responsible Investment Association Australasia (RIAA) have launched the free Financial Adviser Guide to Responsible Investment, in an effort to help advisers deepen their understanding of responsible investment (RI).

Given that nine in ten Australians expect their assets to be invested responsibly, Simon O’Connor, chief executive officer of RIAA, said the guide provides advisers with practical ways to incorporate responsible and ethical investment practices into their businesses to better meet client requests.

“The guide sets out to demystify RI, unscrambling all the jargon, to help advisers move up the learning curve fast so that they can have meaningful conversations with clients on the topic,” O’Connor said.

“Evidence continues to mount that responsible investments have the potential to deliver stronger risk-adjusted returns for investors. Advisers can no longer afford not to be informed.

“The good news is that by accessing the guide – and educational resources from firms like AXA IM – advisers can strengthen their knowledge in this area, to deliver the best advice to clients.”

Michelle Lacey, head of wholesale at AXA Investment Managers, said the challenge for financial advisers is determining what approach aligns best to a client’s individual circumstances and values.

“While more and more people are asking their financial adviser about RI, there’s a degree of mystery surrounding it. RI covers a wide range of approaches, and it’s essential advisers have access to enough information to make informed decisions on responsible investments based on the needs of clients,” Lacey said.

RI now constitutes the majority of the overall investment market in Australia, comprising $866 billion of assets, or around 55.5 per cent of all assets professionally managed in 2017, according to the RIAA.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 3 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 1 day ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND