In a video from his speech on the Pension Schemes Bill, Duncan-Jordan urged using pooled pension funds for social housing, green technology, and divestment from fossil fuels and firms linked to human rights abuses. His Progressive Pensions campaign seeks amendments to align investments with workers’ values and ensure a liveable environment in retirement. Critics called it theft of private pots and argued trustees must prioritize returns over public projects, highlighting tensions over the trillions in household wealth. The amendments were debated but not voted on separately as the bill advances. – Grok

Here is the video , see what you think.

When savings are pooled into pension funds the collective strength is huge.

That money should help rebalance the country & benefit ordinary people.

Pension funds could pay for more council houses and cheaper renewable energy, which would benefit us all. pic.twitter.com/SiU0swV4CG

— Neil Duncan-Jordan MP (@NeilForPoole) December 5, 2025

Duncan-Jordan is that rarity , a Labour parliamentarian from Dorset. I have written to him with my support. My father was the first non Conservative to lead Dorset County Council and stood for North Dorset as a prospective MP. I know he would share with me, pride that Neil comes from Poole.

Not a consensus by any means

Many of my friends such as Jo Cumbo have spoken out against this tweet on social media and I am sure that the majority of the pensions industry does not want Government intervening in how our money is invested. As if Government does not intervene in how our wages are spent (taxation) our gains are spent (taxation) and inheritances are taxed (taxation).

We in pensions think that we have a fiduciary duty which lifts us above the normal rules of Government. The rules are that governance from Government is executed through taxation and the legislation of our key institutions – our pension system being one of them. How arrogant is it of us to commit the investment of the trillions of money invested in guaranteed pensions and un-guaranteed pots solely to a handful of trustees?

Calling on the voices for progress

We need to galvanise the voice of the many voices that speak for ordinary people and care for the clean growth of Britain. From the centre – what was the SDP and Liberal voice and is now represented by Will Hutton , through the progressive Labour party of Torsten Bell to the left of Labour which I take to be Neil Jordan and the voice of the unions. This is the voice of John Hamilton at Stagecoach, calling for long-term growth from our pensions and from the Lords are the voices of Jeannie Drake, Sharon Bowles, Ros Altmann and Bryn Davies.

It is not good enough to stand by and let pensions be run by the City through Wall Street to California, we cannot give control of our pensions to theorists who argue for global diversification that leaves no money for Britain. We must invest in the clean growth of our country if we are to have Britain Great again.

The book by the Pensions Minister that I follow

The purists in pensions do not represent the people who they serve. Whether from the left or right or centre, the consensus view of those who rely on our pensions, rather than those who manage them. is that they need to have money managed  to get their future back.