Local authority pension fund investment

The request was successful.

Dear Sir/Madam,

I am seeking information about the value of the pension fund administered by your authority, as well as the value of specific holdings and dividend income from those holdings.

Please provide whatever answers you can to the following.

1. What is the most recent available value of the pension fund your organisation administers?

2. What is the latest available value of the fund’s directly-held investment in shares or bonds of the following companies: BAE Systems, Raytheon, Airbus, Northrop Grumman, Lockheed Martin, Honeywell.

3. What was the value of these holdings a year before the most recent valuation given above, or at the most recent previous valuation?

4. What dividend income and/or bond yield did the fund receive from these investments in the last 12-month period for which records are available?

4. Does the fund have any other investments in these companies via pooled investments? What is the value and dividend income from these investments?

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

FOI, Shropshire Council

Dear Mr Davies

 

Thank you for your request for information received on 17/10/2018.  We are
currently processing your request in accordance with the relevant
legislation.

  

You have requested Pension Fund Investment

 

(Please note this may be a summary of your request and full details, as
outlined in the request, will be sent to the team providing the response.)

 

If you feel the information is inaccurate or requires amendment, please
notify us as soon as possible using the contact details provided below. 

 

Yours sincerely

 

Information Governance Team

Shropshire Council

Shirehall

Abbey Foregate

SHREWSBURY

SY2 6ND

 

Tel:                  01743 252179 / 252774 / 252747

Email:             [Shropshire Council request email]

Web:               [1]www.shropshire.gov.uk/access-to-information

 

 

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References

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1. http://www.shropshire.gov.uk/access-to-i...

James Walton, Shropshire Council

1 Attachment

Dear Mr Davies

 

Further to your FOI request, please see response attached.

 

James Walton

Head of Finance, Governance and Assurance (Section 151 Officer)

 

Finance, Governance and Assurance

Shropshire Council

Shirehall

Abbey Foregate

Shrewsbury

SY2 6ND

 

Tel:          01743 25 8915

Mobile:   07458 11 7556

Email:      [1][email address]

Web        [2]www.shropshire.gov.uk

 

_______________________________________________________________________________

Chief Financial Officer (Section 151 Officer): Shropshire Council

Pension Scheme Administrator: Shropshire County Pension Fund

Treasurer: Shropshire and Wrekin Fire Authority

Treasurer: West Mercia Energy

Treasurer: Marches LEP

______________________________________________________________________________

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Dear James Walton,

Many thanks for providing a response to this FoI request. However, I cannot see the answers to the fourth question I asked, namely the dividend income received from directly-held stocks in the latest available 12-month period.

In this case, it would be for BAE Systems, which appears to be the local authority's only directly-held investment in the companies named. Please can you supply this information.

Yours sincerely,

Rob Davies

James Walton, Shropshire Council

Dear Mr Davies

The dividend income received from BAE systems over the last 12 months was £110k.

James Walton
Head of Finance, Governance and Assurance (Section 151 Officer)

Finance, Governance and Assurance
Shropshire Council
Shirehall
Abbey Foregate
Shrewsbury
SY2 6ND

Tel: 01743 25 8915
[mobile number]
Email: [email address]
Web www.shropshire.gov.uk

_______________________________________________________________________________
Chief Financial Officer (Section 151 Officer): Shropshire Council
Pension Scheme Administrator: Shropshire County Pension Fund
Treasurer: Shropshire and Wrekin Fire Authority
Treasurer: West Mercia Energy
Treasurer: Marches LEP
______________________________________________________________________________

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