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UK pension funds may soon be directed towards military spending under revised code.
Citizen Watch Report ^ | Alex

Posted on 03/06/2025 7:03:33 PM PST by davikkm

Pension funds in the UK are currently in talks to direct your retirement savings toward military spending. This move is part of a broader push to increase defense funding, with the goal of enhancing national resilience. The Mansion House Compact, a voluntary code signed by the largest pension providers in 2023, is now under review to include "national resilience" as one of its central objectives. This could lead to billions of pounds being channeled into the defense sector by encouraging pension funds to invest in arms companies. It’s hard to ignore the unsettling reality that your pension could be used to fund war.

The UK government has already raised its defense spending target to 2.5% of GDP, with a commitment to increase it to 3% over the next decade. To make this happen, the government is ensuring that defense investments are not hindered by environmental, social, and governance rules. This move is a stark reminder of the power wielded by the military-industrial complex, an industry thriving on global conflict and instability.

(Excerpt) Read more at citizenwatchreport.com ...


TOPICS: Government; Politics
KEYWORDS: blogpimp; military; pension

1 posted on 03/06/2025 7:03:33 PM PST by davikkm
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To: davikkm

Sounds like looting to me.


2 posted on 03/06/2025 7:06:28 PM PST by E. Pluribus Unum (Democrats don't care how corrupt government is, as long as they get a cut of the loot.)
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To: davikkm

HAHAHA nothing says financial stability like raiding your pension funds to fight a war for someone else.

Europe is lost and an enemy of America. It has fallen to communists and Islam and run by globalists who are making slaves.


3 posted on 03/06/2025 7:26:19 PM PST by Skwor
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To: davikkm

The days of the US subsidizing European socialism are over.


4 posted on 03/06/2025 7:29:15 PM PST by dfwgator (Endut! Hoch Hech!)
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To: davikkm
Burning their economy to the going in order to start a world war.

The left is a suicide cult.

5 posted on 03/06/2025 7:43:27 PM PST by Salman (Lasu Eŭropon bruli!)
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To: E. Pluribus Unum

What coould go wrong?


6 posted on 03/07/2025 2:21:49 AM PST by SMARTY (In politics, stupidity is not a handicap. Napoleon Bonaparte I)
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To: davikkm

wow
governed by sociopaths


7 posted on 03/07/2025 2:46:07 AM PST by SisterK (to do justly, to love mercy and to walk humbly)
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To: davikkm

We’re really seeing the extent to which the US Taxpayer has kept the entire world afloat.


8 posted on 03/07/2025 5:10:49 AM PST by A_perfect_lady (The greatest wealth is to live content with little. -Plato)
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