UK. Fifth of savers want oil excluded from their pensions

Submitted by pmassetti on Fri, 06/23/2023 - 11:45
Body (19.06.2023) A growing number of pension savers would like to see the oil sector completely excluded from their pension fund’s investments. Some 21 per cent of pension savers say they want oil to be axed from their pension, according to a survey from online pension provider PensionBee. This has jumped from 15 per cent of pension savers last year. Alongside oil, the main investments people want excluded from their pensions are companies contributing to deforestation, habitat destruction and predatory lending. Pension savers also believe alcohol and gambling investments pose long-term financial risks to their pension.

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