Eight more advice firms join CCLA’s AdviserAction

Advice businesses across the UK have signed up to CCLA Investment Management’s AdviserAction initiative.

CCLA Investment Management has announced eight further advisory firms have signed up to its corporate engagement coalition AdviserAction.

Launched last year, AdviserAction supports advisers wanting to engage with companies on sustainability but are held back by the structure of the industry. The new firms bring the total membership to 16 with £8bn in assets under advice.

The new joiners are Ethical Futures, Foster Denovo, Henson Crisp, Holden & Partners, Kingsfleet Wealth, Prydis Wealth Scotland, TAM Asset Management and Unburdened Solutions.

These have joined founding members Castlefield, Clear Financial Advice, ESG Accord (Accord Initiative), Fintel, Kellands Chartered Financial Planners, Lyndhurst Financial Management, Paradigm Norton and SRI Services.

Commenting on the new members, Jasper Berens, head of client relationships and distribution at CCLA, said: “We are delighted to have already seen such high levels of interest in AdviserAction since launching just last year. This is a timely initiative that allows advisers to play an active role in supporting their clients to use their money to do good. We have already seen a lot of traction in the market and we hope this coalition will go far in driving positive change by harnessing the so far untapped influence of advisers.”

You can also read the full press release on FT Adviser, Money Marketing, PA Future and IFA Magazine.