There are a growing number of ethical investment platforms in the UK, offering customers socially responsible investing portfolios (SRIs) across a range of company stocks and ethical investment funds.
If you’re new to investing, I’d highly recommend the Wealthsimple investing masterclass; 10 short videos to turn you into a ‘financial genius’ in 45 minutes. They’re also pretty funny!
Update: Wealthsimple notifed customers in December 2021 of its withdrawal from the UK market. They still operate in other countries, but all 16,000 UK customers have now been moved to Moneyfarm.
If, like me, you were a gutted Wealthsimple UK customer looking for an ethical alternative for a SIPP, check out Penfold – a pension provider with a dedicated sustainable portfolio. Popular in the UK for self employed people, but anyone can open a pension with Penfold. Get £25 free when you sign up with this link!
Launched in 2011, Nutmeg is one of the UK’s first online investment management platforms. Nutmeg’s new socially responsible portfolios feature environmental, social and governance (ESG) scoring.
Getting started with Nutmeg requires a £500 minimum investment.
Based in Cardiff, Wealthify is an online investment service which lets you build personal investment plans and then manages them for you. Wealthify has joined forces with best-in-class ethical fund providers to create a range of five ethical plans that let you invest in organisations committed to having a positive impact on society and the environment.
Getting started with Wealthify requires a £1 minimum investment.
Tickr is an impact investment app, on a mission to prove that you can earn money and have a positive impact at the same time. Tickr puts your money into companies that are intentionally generating social and environmental solutions – alongside a financial return.
Getting started with Tickr requires a £5 minimum investment.
Many employees are subscribed to their workplace pension, managed by investment firms like Royal London or Legal &…
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