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New guide assists ethical banking

Date: Wed, 26 Oct 2005

A new guide on how to make ethical financial choices has been launched.

The Investment Management Association (IMA) hopes the free guide will encourage people to consider products such as ethical mortgages and funds.

The leaflet details how consumers can decide where and how to invest as well as defining what is meant by ethical investing. In addition, the fact sheet will give advice on how high returns can still be gained from making ethical banking decisions.

"The majority of investors seek long-term sustainable returns and this fact sheet explains how it’s possible to achieve this while also investing according to your ethical principles," said Mona Patel, IMA head of communications.

The number of ethical products available has steadily grown over the past few years, with £10 billion being put into ethical funds in 2004, a growth of 18 per cent compared with 2003 figures.

This growing trend means that many more banking firms are considering how to appeal to ethical customers and has resulted in a growth of appropriate products.

Ethical Mortgages from Endsleigh Financial

If you are currently interested in arranging an ethical mortgage or simply want to discuss your situation further please click here and fill in our short mortgage quote form.

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