Eight more adviser firms have joined the AdviserAction group, a campaigning membership organisation launched last year to help the adviser sector engage better with listed companies on sustainability issues.

The FCA is proposing to extend its anti-greenwashing labelling rule for sustainable investments to portfolio managers.

A new industry-led working group set up by the FCA to focus on boosting advisers' sustainable finance capability has included a Chartered and Certified Financial Planner among its founding members.

The FCA has launched a package of measures to improve the 'trust and transparency' of sustainable investment products and tackle 'greenwashing.'