Less than half of employers have green pensions as default option

Research finds 61% of employees unaware of how to switch their pension to a greener option

Martin Richmond
clock • 3 min read
Less than half of employers have green pensions as default option

Less than half of UK employers have set a responsibly invested pension as the default option for members, despite a majority of employers offering one, research from Scottish Widows finds.

The provider's survey of 4,712 employees and self-employed workers, 2,000 HR decision makers at UK businesses and 189 financial advisers based in the UK – conducted by Opinium last October – reveal...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: What would life look like without clean, reliable water?

Partner Insight: What would life look like without clean, reliable water?

Water is the foundation of life, society, and the economy. In England and Wales, the water sector faces unprecedented challenges. Climate change, biodiversity loss, rising bills, and the threat of antimicrobial resistance are not distant risks. They are...

Royal London Asset Management
clock 30 October 2025 • 4 min read
Customised services risk asset manager profitability

Customised services risk asset manager profitability

Report says customised mandates can be expensive and create operational complexity

Jonathan Stapleton
clock 29 October 2025 • 2 min read
LGPS Central commits £58m to Octopus Healthcare Fund

LGPS Central commits £58m to Octopus Healthcare Fund

Investment brings the pool’s social residential allocation to 35% of property portfolio

Jonathan Stapleton
clock 29 October 2025 • 1 min read
Trustpilot