Investment manager Quilter Cheviot has launched an online training initiative to help financial advisers navigate the regulatory changes around responsible and sustainable investing, with the first training video focused on understanding and managing greenwashing risks.
This comes several weeks after International Adviser looked at whether financial advisers should be worried about greenwashing.
The CPD-eligible training is available to external financial advisers and aims to enhance their knowledge on the central issues impacting the ever-changing responsible investment landscape. More focused training is also being launched internally within Quilter Cheviot and Quilter Private Client Advisers.
The training will take participants through what greenwashing is, the different ways in which it can exist and how they can mitigate against it in their advice and investment processes. As a result, the training module will explain the different investment activities within responsible investment and how client preferences can be captured.
The module will be the first in a series of training sessions from Quilter Cheviot’s responsible investment team.
Gemma Woodward, head of responsible investment at Quilter Cheviot, said: “With a wave of regulatory changes coming down the line, financial advisers will need to reconsider their approach to responsible investing and how these fit into their processes.
“In this first session, we have focused on the anti-greenwashing rule which is expected to come into force later this year ahead of the wider Sustainable Disclosure Requirements.
“It is crucial that advisers are aware of how greenwashing can come about and how they can mitigate against it. We hope this training module will be a good introductory session, giving them the confidence to assess where they may be able to fine tune and enhance their advice.”