Savers want their pension invested ethically

Pension savers auto enrolled into a workplace pension expect their money to be invested responsibility, research has found.

Research from the National Employment Savings Trust (Nest) revealed 73 per cent of its savers said it was important their scheme considered the environment, society and corporate behaviour when investing their money.

Almost half – 47 per cent – of Nest savers said responsible investment mattered a lot to then, while 12 per cent said that it was not a key concern.

The research found just 28 per cent of workers trust pension companies with their savings and 63 per cent said they wanted to learn more about how their money was being invested.

Diandra Soobiah, head of responsible investment at Nest, said strong environmental and social credentials could help improve low levels of trust and engagement among pension savers.

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