14:05 27 January 2013
More and more people are now aware about the importance of saving for their future. But did you know what while building up your retirement fundyou can also help great businesses that are mostly eco-friendly?
If you have self-invested pension plan or SIIP, you have the freedom to choose on what company you’ll invest in by buying stocks and shares. When you decide to go with ethical personal pension scheme, which is designed to invest and support ethical businesses, you can expect strong return on your investment and grow your pension fund until you retire.
What does an ethical pension fund mean? It means investing on good businesses that are providing the needs and demands of their target market without destroying the environment and without putting the health of human beings at risk. This means that certain industries like tobacco should be avoided.
Just like when choosing the best pension scheme, you need to carefully study all your options when choosing ethical pension funds.
As you would surely want to maximize your return of investment, you would want to invest on a great performing fund. It’s also important to go with those providers that do not charge high fees.