We want our pensions to fund a sustainable future
ShareAction’s proposal to clarify pension trustees’ duties has officially been tabled in the House of Commons as an amendment to the Pension Schemes Bill. The more MPs add their names to the amendment, the more likely it is to succeed.
UK pension funds represent a huge £3 trillion in assets - money that should be invested in ways that protect people’s futures, drive investment, support local communities, and help tackle the climate crisis. Instead, the system has been too focused on short-term profits, leaving pension savers’ money tied up in damaging industries like fossil fuels.
That’s why this amendment matters so much. It makes clear that pension trustees can and should consider the longer-term impacts of their decisions on people and planet as well as short-term financial returns.
We’re asking our supporters to email your MPs again, this time to ask your MPs to add their name to this amendment.