Supported by the Government's independent advisory group on social impact investing and the Department for Digital, Media, Culture and Sport, the guide will incorporate a link to a bespoke ‘conversational tool’ on three levels, tailored to suit different adviser capabilities.
Each features a series of exercises that will enable clients to articulate their preferences on investments that create impact.
PFS chief executive Keith Richards said: “For some time now there has been evidence of a growing interest in schemes that incorporate a ‘value-related’ component, with more than half of individual investors expressing an interest in social impact investments.
“We are aiming to provide guidance on, and give an overview of, this growing market - including recent government and regulatory activity - to help those investors with an interest in social impact investing to align their savings, pensions and investments with their personal values.”
Tracey Crouch MP, Minister for Civil Society, said: “The UK is a pioneer for social impact investment and this guide supports our commitment to make it easier for people to invest in this way.
“I urge every financial adviser to take a look at the guidelines and help their clients invest in a way that can help make a positive impact on issues they care about.”