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

Schemes adapting portfolio construction as uncertainty becomes structural

Schemes adapting portfolio construction as uncertainty becomes structural

Investors increasingly looking at strategic allocations across a multiple scenarios

Jonathan Stapleton
clock 26 February 2026 • 2 min read
Partner Insight: Mind the underinvestment gap - Shaping the UK's future through private markets investment

Partner Insight: Mind the underinvestment gap - Shaping the UK's future through private markets investment

With significant underinvestment placing pressure on the UK’s social infrastructure, M&G Investments highlights how institutional capital can drive regeneration and unlock long term social and economic benefits.

M&G Investments
clock 24 February 2026 • 7 min read
Railpen portfolio company secures government contract for solar energy projects

Railpen portfolio company secures government contract for solar energy projects

AGR Power secures 146.41MW worth of solar projects providing up to 10,000 jobs

Jasmine Urquhart
clock 23 February 2026 • 1 min read
Trustpilot