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Carbon neutral pension / SIPP?

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Comments

  • Albermarle
    Albermarle Posts: 31,033 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    You should be aware that Abundance is not the same as a normal regulated fund for pensions.
    It is an unregulated investment with the possibility of losing all your money .The majority of SIPP providers will not allow this type of investment .

    The aims of Abundance are good but they are operating in the P2P/Mini bonds/crowdfunding sector, which has its dangers and is not really suitable for a pension product . More as an alternative investment .
    A similar product from Triodos is as follows. It can be included in an IFISA but not a SIPP . This is not a recommendation just a link for your info
    .https://www.triodoscrowdfunding.co.uk/
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    Albermarle wrote: »
    It is an unregulated investment with the possibility of losing all your money .The majority of SIPP providers will not allow this type of investment .

    But on the positive side, if the OP loses his retirement money in dodgy P2P investments, that will help immensely with cutting his family's consumption.
  • Most major companies have environmental policies. All companies generate carbon except for the ones that already flailed. Divesting from an oil company into a nuclear power company seems like a good idea, but there might be other issues. “Ethical” funds = marketing gimmick.
  • zolou
    zolou Posts: 17 Forumite
    Fifth Anniversary
    Albermarle wrote: »
    You should be aware that Abundance is not the same as a normal regulated fund for pensions.
    It is an unregulated investment with the possibility of losing all your money .The majority of SIPP providers will not allow this type of investment .

    The aims of Abundance are good but they are operating in the P2P/Mini bonds/crowdfunding sector, which has its dangers and is not really suitable for a pension product . More as an alternative investment .
    A similar product from Triodos is as follows...

    Yes, when I pursued the Abundance idea, they have a screen to go through where you have to agree that as a regular investor you won't invest more than 10% this way. So looking at 10% Abundance and 90% interactive investor, to include a range of funds including Triodos.

    I'm still working on putting a plan together, but it's become clear that it would be extremely difficult to truly carbon divest, as I haven't come across any funds, or even shares, which don't involve some use of carbon or which aspire to net zero. Socially responsible is much easier, e.g. Triodos or the Threadneedle UK Social Bond.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    There are now numerous funds (and ETFs etc) that focus in renewable energy and related fields. Would they not count?
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