More than £20 Billion in UK pensions invested into Shell and many UK citizens are unaware

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New research has found that more than £20 billion in pensions is being invested into the oil giant Shell and the public is unaware. ‘Make My Money’ conducted a survey which determined that 58% of UK citizens who took part are unaware that their pensions are being invested into fossil fuel firms and projects. A fifth of those surveyed claimed they would switch pension providers if they found out that their pension savings were invested into Shell. As Shell celebrates its £10 billion record profits, UK pension schemes look to take action to vote against Shell’s company directors for failing to 'sufficiently act on the climate crisis'. Many citizens have seen their greener pension schemes outperforming their original since making the move, achieving greater returns.