CFDG welcomed the publication of the Charity Commission’s new guidanceon investment for charities, Charities and Investment Matters.
CFDG, in responding to the consultation on the guidance earlier this year, highlighted the need for the guidance to be simplified.
Caron Bradshaw, CFDG’s CEO, commented: "Investment income is a crucial funding stream for many charities. It’s an incredibly complex and often specialist subject – particularly to the average trustee.
"We welcome this new guidance which sets out clearly what trustees’ duties are and the key legal principles underpinning investment decisions. It should give much greater confidence and clarity to trustees in their decision making.
"The charity investment landscape has evolved considerably over the past number of years.
"New and exciting investment options have emerged and it is right that charities are clear on how the Charity Commission views these new approaches. The inclusion of programme related investment (PRI) and greater detail around ethical investment is positive in bringing these forms of investment in to the mainstream.
"We look forward to working with partners, such as the Charity Investors’ Group, to assist trustees further in understanding how to implement the guidance in practise.”









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