Challenge your financial services provider by asking them for alternatives! Remember, there’s no need to be defensive about this request. If they have put your money in fossil fuels with absolute returns on their bottom line, they are arguably neglecting their duties, as investments without fossil fuels in fact often outperform funds that include fossil fuels, and fossil fuel investments are cannibalising the rest of the economy.
Use these letters to write to your financial services provider:
Template letter 1: If you’re a member of staff or faculty at UCT with pension benefits.
Template letter 2: Non-specific pension fund letter.
Template letter 3: Letter to financial advisor/investment house/bank.