The power of pensions

Our money can change everything

Your pension builds the world around you. A world of poverty, inequality and a climate crisis. It doesn’t have to be this way. What world do you want your money to build?


You pay into your pension every month. But your employer’s the one who choses which pension provider should manage your money. They hold the keys. The pension provider takes this money and puts it into funds – basically pools of people’s money.

Lots of people have the choice of at least 2 funds to go into:

  1. a ‘default’ fund which you automatically get put into, and
  2. an ‘ethical fund’ which you have to choose to go into.

Some people have more choices1, while others don’t have a choice at all. The pension provider decides which funds are available to you, but sometimes the employer helps2 decide too. These funds then invest money in companies and other financial products.

have more choices1 – As a rough rule of thumb, if you work in the public sector or started paying into a scheme before 1995, you probably won’t have a choice. See our FAQs for more.

the employer helps2 – As a rule of thumb, if you work for a large organisation (250+ employees), your employer will have helped. See our FAQs for more.