Pension funds and research funding
Dear Sir/Madam,
I am seeking information about the value of the pension fund administered by your university, as well as the value of specific holdings and dividend income from those holdings.
In addition, I am seeking information about research funding your university receives.
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?
5. Does the fund have any other investments in these companies via pooled investments? What is the value and dividend income from these investments?
6. The total amount, in pounds sterling, that you have received in research funding from these companies in the last five financial years. Details should be broken down for each company, year-by-year for the last five financial years.
7. The total amount, in pounds sterling, that you have has received in the form of industrial consultancy and industrial research fees from these companies in the last five financial years. Details should be broken down for each company, year-by-year for the last five financial years.
Yours faithfully,
R Vidal
Dear R Vidal
I acknowledge receipt of your email received by this office on 29^th March
2019 in which you requested information regarding pensions and research
funding.
Your request will now be dealt with under the Freedom of Information Act
2000 and has been allocated reference FOI19-143 which should be quoted in
all correspondence. We will respond to your request within 20 working days
starting the next working day after receipt, therefore you can expect to
receive a response no later than 30^th April 2019.
Where we consider that we will not be able to meet this deadline or if
further time is required to consider the public interest test we will
contact you as soon as possible and give you a revised date for response.
In some circumstances a fee may be payable and, if that is the case, we
will let you know. A fees notice will be issued to you, and you will be
required to pay before we will proceed to deal with your request.
Yours sincerely
Ian Johnson Ian Johnson
Assurance Officer Swyddog Sicrwydd
Strategic Planning & Governance Adran Cynllunio Strategol a
Cardiff University Llywodraethu
2nd Floor, Friary House
Greyfriars Road Prifysgol Caerdydd
CF10 3AE
LLawr 2, Friary House
Heol y Brodyr Llwydion
CF10 3AE
Tel: 029 208 79633 Ffon: 029 208 79633
E-mail: [1][email address] E-bost:
[2][email address]
The University welcomes
correspondence in Welsh or English. Mae'r Brifysgol yn croesawu
gohebiaeth yn Gymraeg neu'n
Saesneg.
Dear R Vidal
Further to my email of 1^st April, unfortunately we will be unable to
respond to your Freedom of Information request by 30^th April 2019.
We anticipate we require a further 5 working days to finalise the
University’s response and will endeavour to respond to your request by
7^th May 2019.
Please accept my apologies for any inconvenience caused.
Yours sincerely
Ian Johnson Ian Johnson
Assurance Officer Swyddog Sicrwydd
Strategic Planning & Governance Adran Cynllunio Strategol a
Cardiff University Llywodraethu
2nd Floor, Friary House
Greyfriars Road Prifysgol Caerdydd
CF10 3AE
LLawr 2, Friary House
Heol y Brodyr Llwydion
CF10 3AE
Tel: 029 208 79633 Ffon: 029 208 79633
E-mail: [1][email address] E-bost:
[2][email address]
The University welcomes
correspondence in Welsh or English. Mae'r Brifysgol yn croesawu
gohebiaeth yn Gymraeg neu'n
Saesneg.
From: InfoRequest
Sent: 01 April 2019 10:05
To: 'R Vidal' <[FOI #565035 email]>
Subject: FOI19-143 Pension funds and research funding
Dear R Vidal
I acknowledge receipt of your email received by this office on 29^th March
2019 in which you requested information regarding pensions and research
funding.
Your request will now be dealt with under the Freedom of Information Act
2000 and has been allocated reference FOI19-143 which should be quoted in
all correspondence. We will respond to your request within 20 working days
starting the next working day after receipt, therefore you can expect to
receive a response no later than 30^th April 2019.
Where we consider that we will not be able to meet this deadline or if
further time is required to consider the public interest test we will
contact you as soon as possible and give you a revised date for response.
In some circumstances a fee may be payable and, if that is the case, we
will let you know. A fees notice will be issued to you, and you will be
required to pay before we will proceed to deal with your request.
Yours sincerely
Ian Johnson Ian Johnson
Assurance Officer Swyddog Sicrwydd
Strategic Planning & Governance Adran Cynllunio Strategol a
Cardiff University Llywodraethu
2nd Floor, Friary House
Greyfriars Road Prifysgol Caerdydd
CF10 3AE
LLawr 2, Friary House
Heol y Brodyr Llwydion
CF10 3AE
Tel: 029 208 79633 Ffon: 029 208 79633
E-mail: [3][email address] E-bost:
[4][email address]
The University welcomes
correspondence in Welsh or English. Mae'r Brifysgol yn croesawu
gohebiaeth yn Gymraeg neu'n
Saesneg.
Dear R Vidal
Further to my email of 29^th April, unfortunately we are still unable to
respond to your Freedom of Information request.
We anticipate we require a further 5 working days to finalise the
University’s response and will endeavour to respond to your request by
13^th May 2019.
Please accept my further apologies for any inconvenience caused.
Yours sincerely
Ian Johnson Ian Johnson
Assurance Officer Swyddog Sicrwydd
Strategic Planning & Governance Adran Cynllunio Strategol a
Cardiff University Llywodraethu
2nd Floor, Friary House
Greyfriars Road Prifysgol Caerdydd
CF10 3AE
LLawr 2, Friary House
Heol y Brodyr Llwydion
CF10 3AE
Tel: 029 208 79633 Ffon: 029 208 79633
E-mail: [1][email address] E-bost:
[2][email address]
The University welcomes
correspondence in Welsh or English. Mae'r Brifysgol yn croesawu
gohebiaeth yn Gymraeg neu'n
Saesneg.
From: InfoRequest
Sent: 29 April 2019 11:44
To: [FOI #565035 email]
Subject: RE: FOI19-143 Pension funds and research funding
Dear R Vidal
Further to my email of 1^st April, unfortunately we will be unable to
respond to your Freedom of Information request by 30^th April 2019.
We anticipate we require a further 5 working days to finalise the
University’s response and will endeavour to respond to your request by
7^th May 2019.
Please accept my apologies for any inconvenience caused.
Yours sincerely
Ian Johnson Ian Johnson
Assurance Officer Swyddog Sicrwydd
Strategic Planning & Governance Adran Cynllunio Strategol a
Cardiff University Llywodraethu
2nd Floor, Friary House
Greyfriars Road Prifysgol Caerdydd
CF10 3AE
LLawr 2, Friary House
Heol y Brodyr Llwydion
CF10 3AE
Tel: 029 208 79633 Ffon: 029 208 79633
E-mail: [3][email address] E-bost:
[4][email address]
The University welcomes
correspondence in Welsh or English. Mae'r Brifysgol yn croesawu
gohebiaeth yn Gymraeg neu'n
Saesneg.
From: InfoRequest
Sent: 01 April 2019 10:05
To: 'R Vidal' <[5][FOI #565035 email]>
Subject: FOI19-143 Pension funds and research funding
Dear R Vidal
I acknowledge receipt of your email received by this office on 29^th March
2019 in which you requested information regarding pensions and research
funding.
Your request will now be dealt with under the Freedom of Information Act
2000 and has been allocated reference FOI19-143 which should be quoted in
all correspondence. We will respond to your request within 20 working days
starting the next working day after receipt, therefore you can expect to
receive a response no later than 30^th April 2019.
Where we consider that we will not be able to meet this deadline or if
further time is required to consider the public interest test we will
contact you as soon as possible and give you a revised date for response.
In some circumstances a fee may be payable and, if that is the case, we
will let you know. A fees notice will be issued to you, and you will be
required to pay before we will proceed to deal with your request.
Yours sincerely
Ian Johnson Ian Johnson
Assurance Officer Swyddog Sicrwydd
Strategic Planning & Governance Adran Cynllunio Strategol a
Cardiff University Llywodraethu
2nd Floor, Friary House
Greyfriars Road Prifysgol Caerdydd
CF10 3AE
LLawr 2, Friary House
Heol y Brodyr Llwydion
CF10 3AE
Tel: 029 208 79633 Ffon: 029 208 79633
E-mail: [6][email address] E-bost:
[7][email address]
The University welcomes
correspondence in Welsh or English. Mae'r Brifysgol yn croesawu
gohebiaeth yn Gymraeg neu'n
Saesneg.
Dear R Vidal
I am writing in response to your Freedom of Information request dated
29^th March 2019 in which you requested information regarding pensions and
research funding.
For ease of reference, I have reproduced your questions below and set out
our corresponding responses.
1. What is the most recent available value of the pension fund your
organisation administers?
Details on the pensions schemes the University participate in can be found
in our Annual Reports and Financial Statements which are published on the
University’s website:
[1]https://www.cardiff.ac.uk/public-informa...
[2]information/financial-statements
Different categories of staff are eligible to join one of five
different schemes:-
· Universities’ Superannuation Scheme (USS)
· Cardiff University Pension Fund (CUPF)
· National Health Service Pension Scheme (NHSPS)
· Local Government Pension Scheme (LGPS)
· NEST
Requests for details of Investments held by the above pension schemes need
to be directed to the Trustees of the scheme, as these funds are the
responsibility of the relevant Scheme Trustees and are not the
responsibility of Cardiff University.
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.
Please see response to question one
3. What was the value of these holdings a year before the most recent
valuation given above, or at the most recent previous valuation?
Please see response to question one
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?
Please see response to question one
5. Does the fund have any other investments in these companies via
pooled investments? What is the value and dividend income from these
investments?
Please see response to question one
6. The total amount, in pounds sterling, that you have received in
research funding from these companies in the last five financial years.
Details should be broken down for each company, year-by-year for the last
five financial years.
We have receive the following research funding from Airbus:
Grand
13/14 14/15 15/16 16/17 17/18 Total
Airbus
Research
Funding £307,665 £156,177 £317,725 £460,000 £80,000 £1,321,567
7. The total amount, in pounds sterling, that you have has received in
the form of industrial consultancy and industrial research fees from these
companies in the last five financial years. Details should be broken down
for each company, year-by-year for the last five financial years.
We have received the following from sums from Airbus in the form of
industrial consultancy/research fees:
Grand
14/15 15/16 17/18 Total
Airbus
Consultancy
fees £14,790 £3,847 £2,500 £21,137
I trust this information satisfies your enquiry. The University has a
Freedom of Information Complaints Procedure should you feel dissatisfied
with this response or the way in which your request was handled.
Complaints must be made in writing and must set out why you believe the
University has not met its obligations under the Freedom of Information
Act. You may email your complaint to [3][email address] where
it will be forwarded to the Director of Strategic Planning and Governance
who will be responsible for overseeing the review.
If you remain dissatisfied following the outcome of your complaint, you
have the right to apply directly to the Information Commissioner for
consideration. The Information Commissioner can be contacted at the
following address: Information Commissioner's Office, Wycliffe House,
Water Lane, Wilmslow, Cheshire, SK9 5AF.
I would like to take this opportunity to thank you for your interest in
Cardiff University. If you require further assistance please feel free to
contact me.
Yours sincerely
Ian Johnson Ian Johnson
Assurance Officer Swyddog Sicrwydd
Strategic Planning & Governance Adran Cynllunio Strategol a
Cardiff University Llywodraethu
2nd Floor, Friary House
Greyfriars Road Prifysgol Caerdydd
CF10 3AE
LLawr 2, Friary House
Heol y Brodyr Llwydion
CF10 3AE
Tel: 029 208 79633 Ffon: 029 208 79633
E-mail: [4][email address] E-bost:
[5][email address]
The University welcomes
correspondence in Welsh or English. Mae'r Brifysgol yn croesawu
gohebiaeth yn Gymraeg neu'n
Saesneg.
References
Visible links
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2. https://www.cardiff.ac.uk/public-informa...
3. mailto:[email address]
4. mailto:[email address]
5. mailto:[email address]
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