UK. Most top workplace pension providers risk supporting chemical warfare
That is according to a new report from investment watchdog ShareAction, which reveals that millions of pension savers could be inadvertently supporting conflicts across the world.
For their default funds, Aviva, The People’s Pension, Royal London, Scottish Widows, Aegon, and Standard Life all fail to screen out firms producing toxic components of harmful weapons.
The research also shows that Aegon has no exclusion policy for controversial weapons in any of its funds, allowing investments in anti-personnel mines and cluster bombs.
Read More: The Actuary