Are We Entering The New Ethical Investment Age?
While so called ethical investing is not new to the UK financial markets it seems that many teenagers, who are potential investors of the future, are asking their parents to consider ethical investing for both their children’s future investments and their own. It seems that the young of today have very much grabbed the ethical trend of recent years and look likely to take it to the next level.
A surprising 85% of teenagers believe that they have a future obligation to ensure that they do not support companies with unethical policies. The same survey also claims that 65% of those questioned are adamant that they will use their spending powers to ‘make a difference’.
In stark contrast to the poll of the teenagers of today, many adults admitted that they were very much unaware of green and ethical issues with less than 11% currently investing in the sector. It will be interesting to see how this changing pattern of investment strategy and appreciation of the ethical sector develops.
Perhaps it is the next generation that will pick up the ethical baton and carry the ideals forward, but in the fickle world of investment nothing is ever certain!
Share this..
Related stories
UK government overcharged Northern Rock by £445 million
It has been revealed that the UK government overcharged Northern Rock by a massive £445 million on the interest charged against the taxpayer loan to the company. The revelation that the UK government charged a "premium" interest rate on the loan has shocked many in the city and while there had been hopes of a repayment of around £150 million to Northern Rock, the true figure has now been reveale...
Read MoreFSA steps into mortgage multiple debate
The Financial Services Authority (FSA) has this evening stepped into the debate regarding mortgages and the relationship with incomes. Homebuyers may well see their mortgage applications limited according to their income in a move to reduce the inflated risks we have seen over the last few years.
Figures released by the FSA indicate that the loan to income multiple has risen from 2....
The spin on Sir Fred Goodwin continues
The UK government is rumoured to be behind further suggestions in the financial press this weekend that the true cost of Sir Fred Goodwin's pension will be in the region of £30 million. These ludicrous claims are aimed at forcing Sir Fred Goodwin to give up part of his pension arrangements even though the UK government formally agreed these back in October. So why are the UK government spending s...
Read MoreIsle of Man forced to increase taxes and reduce spending
In a move prompted by the UK government's claw back of £140 million in annual tax receipts, the Isle of Man authorities have confirmed the introduction of higher taxes and reduced public sector spending. Government spending on the island will fall by £49 million a year, almost 10% of the annual budget, by 2015 and the rate of income tax will increase from 18% to 20%. Last year we saw the UK g...
Read MoreWork Programme failing over 70% of claimants
21/10/2015 A committee of MP’s has found that almost 70% of people made to go through the governments welfare-to-work scheme are not successful in finding long term employment. The £5 billion Work Programme, which was designed to help the long term unemployed find a job, is “not working well” for people with “complex problems”, according to the Commons Work and Pensions Select Co...
Read More