The Financial Conduct Authority (FCA) has delayed its plans to apply sustainability disclosure requirements (SDR) to portfolio managers.

More than half (52%) of retail investors are aware of the FCA’s Sustainability Disclosure Requirement (SDR) investment labels but vague wording and jargon remain the biggest barriers to investment in sustainable funds.

The FCA says it will take more time to consider its plans to extend the Sustainability Disclosure Requirements (SDR) regime to portfolio management.

Fund manager Schroders says it will adopt all four of the FCA’s Sustainability Disclosure Requirements (SDR) labels, with the expected adoption of labels for a further three funds.

The FCA has given firms four more months time to comply with its newSustainability Disclosure Requirements' regime and new investment label rules.