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Ethical investment advice is on the rise

03 November 2009 / by Rebecca Sargent

The number of independent financial advisers (IFAs) offering financial advice on green and ethical investments has increased, research from the sustainable investment and finance association (UKSIF) has revealed.

According to the research, 87 per cent of IFAs now give advice on green and ethical investments, compared to just 70 per cent in 2008.

Commenting, Penny Shephard MBE, chief executive of UKSIF said: "I'm really encouraged that so many more IFAs are now advising on green and ethical investment, but this needs to be a part of their normal advice process if they are to help all interested clients.

"Today, you know where your supermarket food comes from; how it was raised or grown and make a choice based on that information. Unfortunately, people are not currently being offered the same transparency and choice as standard with financial advice," she added.

The research comes ahead of National Ethical Investment Week, which runs from 8-14 November.

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