People certainly can make a choice, but I would hazard a guess that the variety of ethical funds is still very limited (I may be wrong) compared to long established funds. No doubt this will continue to improve though.
But the comments about pensions tax breaks being for the rich are clearly wrong and many who bemoan “rich” shareholders will themselves indirectly be shareholders.
No doubt many who criticise the profits of BP and Shell still drive a petrol or diesel car rather than electric. People may say they can’t afford to buy electric yet, so have to suck it up. That same principal could apply to share investors.
I can’t afford not to miss out on investment opportunities for my impending retirement, so when the share price of the likes of BP only 18 months ago was on its a**e at £1.95 (now £4.37) I was not letting that opportunity go. I am not going to apologise for that because my investment makes no difference to the bigger picture, but makes a big impact on my life personally.
So yes, slate the government for inaction over windfall taxes etc etc, but for the smaller investor who is just trying to forge a comfortable retirement, I find it a bit harsh that we seem to be tarred with the same brush as the super rich.