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Top pension funds refuse to back defence industry

Summary

Some of Britain’s biggest pension firms have been accused of blocking Britain’s plans to boost defence in the wake of the Ukraine war. Aviva, Royal London and the National Employment Savings Trust (Nest) are among a group of pension giants that restrict or block investment in the defence industry on “ethical” grounds.

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Top pension funds refuse to back defence industry

Aviva, Royal London and Nest among firms that restrict investment on ‘ethical’ grounds

2 months ago·London, United Kingdom

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The Telegraph broke the news in London, United Kingdom 2 months ago on Thursday, March 6, 2025.

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