Tobacco investments held by local authority pension fund

Rob Davies made this Rhyddid Gwybodaeth request to Richmondshire District Council as part of a batch sent to 447 authorities

This request has been closed to new correspondence from the public body. Contact us if you think it ought be re-opened.

Roedd y cais yn rhannol lwyddiannus.

Dear Richmondshire District Council,

I am seeking information about the value of the local authority pension fund’s investment in tobacco shares and bonds, as well as the income from those investments. Please provide whatever answers you can to the following.

1. What is the most recent available value of the local authority's pension fund?

2. What is the value of the fund’s directly-held investment in shares or bonds of the following companies: British American Tobacco, Imperial Brands, Japan Tobacco International, Altria Group Inc, Philip Morris International, Universal Corp, Alliance One International?

3. What is the total combined value of the fund’s directly-held investments in the companies named above?

4. What income did the fund receive from these investments in the last 12-month period for which records are available?

5. Does the fund have any other investments in tobacco via pooled investments? What is the value of these?

6. What is the local authority’s annual spend on smoking-related illness?

7. Please supply the number of deaths attributable to smoking in the local authority areas covered by your pension fund. Your Director of Public Health or equivalent should be able to supply this figure.

If you require clarification on any of the above questions, please get in touch on 0203 353 3616, or 07415154041 or email me at [email address]

Yours faithfully,

Rob Davies

Cantrell, Sheila, Richmondshire District Council

3 Atodiad

< This e-mail was classified as: OFFICIAL >

RDC FOI Ref: 5532 – Pension Fund   

Dear Mr Davies

Freedom of Information Act 2000 - Information Request

I acknowledge your request for information received on 17 April 2018.

Your request is being considered and you will receive the information
requested within the statutory timescale of 20 working days as defined by
the Freedom of Information Act 2000, subject to the information not being
exempt or containing a reference to a third party.

 If appropriate, the information may be provided in paper copy, normal
font size. If you require alternative formats, e.g. language, audio, large
print, etc. then please let me know.

For your information, the Act defines a number of exemptions, which may
prevent release of the information you have requested. There will be an
assessment and if any of the exemption categories apply then the
information will not be released. You will be informed if this is the
case, including your rights of appeal.

If the information you request contains reference to a third party then
they may be consulted prior to a decision being taken on whether or not to
release the information to you. You will be informed if this is the case.

There may be a fee payable for this information.  In this event the fee
must be paid before the information is processed and released. The 20
working day time limit for responses is suspended until receipt of the
payment.

If you have any queries or concerns then please contact Business Support
Team Leader at Richmondshire District Council, Mercury House, Station
Road, Richmond, North Yorkshire, DL10 4JX Tel: 01748 900931, Email:
[1][Richmondshire District Council request email]

Further information is also available from the Information Commissioner
at:

Information Commissioner's Office

Wycliffe House

Water Lane

Wilmslow

Cheshire

SK9 5AF

Telephone:   01625 545 700

[2]www.informationcommissioner.gov.uk

 

Yours sincerely

 

 

Sheila Cantrell

 

 

 

 

Sheila Cantrell
Business Support Team Leader
Richmondshire District Council
t: 01748 900931
e: [email address]
w: [3]www.richmondshire.gov.uk

[4]Link to Facebook[5]Link to Twitter

The information contained in this email is confidential. It is intended
only for the stated addressee(s)  and access to it by any other person is
unauthorised. If you are not an addressee, you must not disclose, copy,
circulate or in any other way use or rely on the information contained in
this email. Such unauthorised use may be unlawful. If you have received
this email in error, please inform the sender immediately and delete it
and all copies from your system. Any views or opinions expressed are
solely those of the author and do not necessarily represent those
of Richmondshire District Council.

All e-mail traffic may be subject to monitoring/recording in accordance
with relevant legislation.

Richmondshire District Council, Mercury House, Station Road, Richmond,
North Yorkshire, DL10 4JX.

References

Visible links
1. mailto:[Richmondshire District Council request email]
2. http://www.informationcommissioner.gov.uk/
3. http://www.richmondshire.gov.uk/
4. Find us on Facebook
https://www.facebook.com/richmondshiredc
5. Follow us on Twitter
https://twitter.com/richmondshiredc/

Sellers, Laura, Richmondshire District Council

3 Atodiad

< This e-mail was classified as: OFFICIAL >

Dear Rob,

 

Further to your recent FOI request for the information below,  I am
contacting you to advise you that as a District Council, we do not operate
a pension fund, and are part of the North Yorkshire Pension Fund that is
managed and administered by North Yorkshire County Council; 
[1]https://www.northyorks.gov.uk/freedom-in...

 

In response to question 6, whilst we do operate some health-based
initiatives across the District, there has been no spend on
smoking-related illness.

 

I hope this helps you with your research

 

Many thanks

 

Laura Sellers

 

1. What is the most recent available value of the local authority's
pension fund?

2. What is the value of the fund’s directly-held investment in shares or
bonds of the following companies: British American Tobacco, Imperial
Brands, Japan Tobacco International, Altria Group Inc, Philip Morris
International, Universal Corp, Alliance One International?

3. What is the total combined value of the fund’s directly-held
investments in the companies named above?

4. What income did the fund receive from these investments in the last
12-month period for which records are available?

5. Does the fund have any other investments in tobacco via pooled
investments? What is the value of these?

6. What is the local authority’s annual spend on smoking-related illness?

7. Please supply the number of deaths attributable to smoking in the local
authority areas covered by your pension fund. Your Director of Public
Health or equivalent should be able to supply this figure.

Laura Sellers
HR and Payroll Manager
Richmondshire District Council
t: 01748 901021
e: [email address]
w: [2]www.richmondshire.gov.uk

[3]Link to Facebook[4]Link to Twitter

The information contained in this email is confidential. It is intended
only for the stated addressee(s)  and access to it by any other person is
unauthorised. If you are not an addressee, you must not disclose, copy,
circulate or in any other way use or rely on the information contained in
this email. Such unauthorised use may be unlawful. If you have received
this email in error, please inform the sender immediately and delete it
and all copies from your system. Any views or opinions expressed are
solely those of the author and do not necessarily represent those
of Richmondshire District Council.

All e-mail traffic may be subject to monitoring/recording in accordance
with relevant legislation.

Richmondshire District Council, Mercury House, Station Road, Richmond,
North Yorkshire, DL10 4JX.

References

Visible links
1. https://www.northyorks.gov.uk/freedom-in...
2. http://www.richmondshire.gov.uk/
3. Find us on Facebook
https://www.facebook.com/richmondshiredc
4. Follow us on Twitter
https://twitter.com/richmondshiredc/