There’s been much talk of big corporates speaking with forked tongues about their green credentials. The oil giants are obvious suspects, and this confirms the suspicions of many about banks with multinational fingers in many pies. Were they ever really going to put saving the planet in 30 years time over profits now, their share price and the next dividend? Any more than most governments can really think beyond the next election. “There’s always some nut job telling me about the end of the world…who cares if Miami is six meters underwater in 100 years”, said HSBC’s (probably soon to be former) Head of Responsible Investing. Hmm.
“Financial advice provides £47,000 wealth uplift in a decade”
After a meeting of financial advisers this week, a younger member of my team asked me if I thought there were actually too many financial advisers. ‘How can there be?’, was my first reaction, ’there were over 100,000 of us in the ‘90s, now there are only around 25,000.