CHILDREN AND YOUNG PEOPLE

Joint report advises on social investment

Financial and legal experts have recommended how social investments could be properly regulated and suitable for investors.

Financial and legal experts have recommended how social investments could be properly regulated and deemed appropriate for investors.

Big Society Capital (BSC) – the financial institution created through cash from dormant bank accounts – Worthstone and legal firm Bates Wells & Braithwaite have issued a report that could help establish guidelines for new ‘suitability' principles. Suitability is a regulatory concept used by professional advisers to refer to how social investments are assessed for appropriateness to client needs.

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