Hardly any personal pension savers are incorporating ESG factors into their retirement investments or strategies, research suggests.
My Pension Expert said the findings come in spite of "growing interest and relatively high awareness of ESG" in society. The at-retirement specialist firm found just 15% of people over the age of 40 had considered ESG at all within their broader retirement strategy. This equates to one in every six adults in that age range. Lack of understanding around what makes a firm ESG-conscious, suspicion or concern around greenwashing or sustainability "simply not being a priority" are all key reasons the majority of pension savers remain less than fully engage with ESG-friendly pension funds, ...
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