Times are changing, and more than ever before, people are expecting their financial adviser to be knowledgeable about responsible and ethical investment options.
Fortunately, the market continues to grow with a plethora of options for all kinds of investors across diverse asset classes, risk profiles and impact areas of interest.
The Australian responsible investment market has continued to soar in popularity to $1.3 trillion in 2022, with those demonstrating a strong and comprehensive approach to responsible investment making up 36% of the market.
The responsible investment market in New Zealand is now worth $183 billion. This represents 52% of the country's assets under management.
In Australia, FASEA's Code of Ethics Guidance now requires advisers to proactively seek to understand their client and their longer-term interests such as their sustainability and ethical preferences. Advisers must be satisfied that they have fully explained all the risks and benefits of their advice having given due regard to clients’ individual circumstances.
86% of Australians believe that it is important that their financial adviser asks them about their interests and values in relation to their investments
Responsible Returns offers advisers detailed information for more than 300 investment products that have been certified by the Responsible Investment Association Australasia (RIAA).
RIAA’s Certification Symbol is recognised by investors and consumers across the region, distinguishing quality, true to label responsible investment products which meet the Australian and New Zealand Standard for Responsible Investment.