6. Your workplace or personal pension
As with banking, your pension investment might be worth reviewing if ethical funding is a high priority for you. If your pension is not invested in an ethical fund you will likely be investing in unethical sectors such as arms, tobacco and fossil fuels.
More and more pension companies are enabling customers to choose ethical funds. A common concern is that ethical funds won’t perform as well as their traditional counterparts but the opposite has more recently found to be true.
I have a fantastic pension advisor with St James’ Place and have selected a bespoke pension plan with no investment in fossil fuels, arms or tobacco and a strong lean towards sustainable and responsible equity.
Pensions that allow customers to choose ethical finds include Aegon, Aviva, Legal & General, LV= (Allianz), Nest, PensionBee, Prudential (M&G), Royal London, Standard Life, The Path and The People’s Pension.