Written Question·Treasury·UIN 37005

Pensions: Investment

Tabled: 10 March 2025
Answered: 18 March 2025

Question

Neil Duncan-Jordan

Labour — Poole

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of reclassifying weapons as ethical investments for pension funds.

Answer

Torsten Bell
Trustees and fund managers are responsible for making investment decisions in line with their fiduciary duty and member preferences. In a time of increasing geopolitical instability, maintaining a robust and thriving defence sector is essential to our nat...
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