Thanks to the magnificent efforts of Adam Carey and Murdo MacLeod, the Ethical Advisers' Co-op has made a submission to the Banking Royal Commission.
The full submission can be downloaded below.
Originally published in The Australian, June 15 2018
JAMES KIRBY THE DEAL
In the context of a royal commission that has hung financial advisers out to dry, it’s a brave operator who actually straps themselves to the mast and publicly identifies as an “ethical financial adviser”.
But they’re out there, and they mean business.
The Ethical Advisers’ Co-operative (EAC) increased ethically screened funds under management by 14% over the last year to $1,314,000,000. ($1.314 Billion).
The Co-op's nationwide membership of ethical Financial Advisers help everyday Australians invest and make financial decisions to match their ethical values with financial investments. Ethical Investment specialist advisers are a trusted source of advice for investors as the range and complexity of ethical investment products and investments continue to broaden in a maturing investment sector.
There are several ways in which banks, asset managers, and individual investors can be catalysts for change in the businesses they invest in. Here are three things that they can do to be advocates for positive change: