Comment on Water firms ask for bill rises of between 24% and 91%
echodot@feddit.uk 5 months agoA proper pension is diversified. They don’t invest entirely in one sector of business.
Comment on Water firms ask for bill rises of between 24% and 91%
echodot@feddit.uk 5 months agoA proper pension is diversified. They don’t invest entirely in one sector of business.
ThePyroPython@lemmy.world 5 months ago
That’s a fair point I hadn’t considered.
echodot@feddit.uk 5 months ago
Out of interest I actually have just looked at how my pension is diversified and almost all of it is incredibly diversified. A locks in pharmaceutical companies, and technology companies, but there’s even investors in a company that makes things like electric fences and barbed wire, I guess because the easier wire industry is not going to crash anytime soon.
If we are invested in water companies I can’t find them, so they mustn’t be a very significant percentage. And anyway why would they be? This scandal has been going on for so long that any pension management companies would have long since sold.