Despite that I do in fact have a number of index trackers in my Aviva pension.
Yesterday I received a letter from them saying that some of these index trackers, would no longer be tracking the existing index!
Instead the investment manager (Blackrock) is going to compile a new set of companies that they intend to track!
Apparently (from the letter) this is following Aviva's baseline exclusion policy, except it is not! That policy applies to active funds.
We aim to apply these baseline exclusions to all actively
managed funds and mandates managed or operated by us.
Now don't get me wrong, I actually agree with some, though not all, of Aviva's exclusions. However as I said, I regard myself as an active investor. It is of course right and good that people like me chose what we want to support. Would it be right for me, or people who share my opinions, to change your passive portfolio?
As it happens this action is not really going to affect me as I intend selling my existing Aviva funds in the next six months, transferring the funds to my SIPP. That was true before this event and not as a result of it.