Make Your Money Matter

Does your pension have positive intention? Moving your pension to sustainable investments is up to 27 times more impactful than going vegan and stopping flying, according to www.makemymoneymatter.co.uk.

The majority of people don’t know where their ‘pension’ fund money is invested. I know when I enquired about a university investment I started for one of my daughters some 15 years ago - I was advised that ‘there’s been a lot more interest in sustainable investment funds and we’re bringing in a new fund at the end of the year to meet the demand of our clients'. Hmm.

Do you know how your pension is invested. According to MakeMyMoneyMatter - your pension is likely invested in fossil fuels, tobacco, and arms? According to their website…

Much of the £3 trillion in UK pensions is contributing to the deforestation of the Amazon, helping tobacco companies sell cigarettes, and funding new fossil fuel projects. Pension funds have invested trillions on our behalf without ever asking the crucial question – do these investments create a world we actually want to live in?

This contradiction means that through our pensions, ethical consumers may be investing in fast fashion, vegans investing in factory farming, climate activists investing in fossil fuels, and medics investing in tobacco. But it doesn’t have to be this way.

Sign their petition which is calling on all UK pension funds to put people and planet on a par with profit when investing our pensions, including by ensuring all pension funds commit to Net Zero emissions by 2050.

More info and insights can be gleaned via their site too. www.makemymoneymatter.co.uk.