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. Pension savers also believe alcohol and gambling investments pose long-term financial risks to their pension. For pension savers who do not want exposure to oil in their pensions, what kind of sectors and companies would give them returns comparable to oil? Oil giants are not necessarily a no-go for all pension savers, even where they have their concerns.
Source: Daily Mail June 19, 2023 15:59 UTC