Consumers are shaping the growing ethical agenda by expressing their personal preferences and beliefs through their spending decisions
Now more than ever before consumers appear willing to express personal preferences and beliefs through their spending decisions. This is not only affecting everyday consumption but is playing a growing role in savings and investment choices, which is something that intermediaries must start to factor into the advice they give, not least with regards to ethical investment. According to the Investment Management Association, ethical funds under management in the first quarter of 2007 saw an increase of 21% from Q1 2006, passing £5bn for the first time. In the past, many investors discounted...
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