Mar 5 2008
People saving for retirement or for a proverbial rainy day have been urged to consider the ethical impact of the investments they make or are made on their behalf.
The Fair Investment Company is keen to see British consumers pay closer attention to the way they use personal finance services and to use providers whose practices take ethical concerns into account.
According to the company, there are a number of banking groups and building societies operating in the UK that are making clear to consumers their investment policies and how they affect communities and environments worldwide.
James Caldwell, director of the Fair Investment Company, said: "Although banking habits are not always at the forefront of people's minds when Fair Trade is mentioned, some banks and building societies are looking to make a difference."
Des Hamilton, technical director for the Pensions Advisory Service, said recently that employers around the UK are becoming less keen to offer their staff a good pension scheme.
