Regulation "not a barrier" to social investment growth

Matt Black 26th March 2013

There are numerous challenges that must be addressed before the social investment marketplace can grow and flourish. The regulatory environment, an issue which has often been cited as a drag on development, appears to be becoming a driver.

Last week's budget announcement that social investments will become eligible for tax relief was a big step forward and this commitment follows an Financial Services Authority (FSA) remark that their treatment of social investment would be "no different" from traditional investment products.

The comments came from David Geale at the inaugural event in the Social Investment Academy series, and were widely interpreted by the audience of financial planners as good news. Watch the video for more information.

The Social Investment Academy aims to equip financial planners with the tools "to offer social investment to clients with knowledge and authority". The event was organised by Worthstone and backed by the City of London Corporation, Big Society Capital and CCLA.