Tobacco investments held by local authority pension fund
Dear Fenland 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
Dear Rob Davies
Thank you for your request for information received on 17/04/2018.
Fenland District Council is a member of the Cambridgeshire Local
Government Pension Scheme. Cambridgeshire County Council administer and
manage the pension fund and consequently all questions relating to the
pension fund investments and related information should be addressed to
them.
If you require any further information regarding your request, you should
contact the Member Services Officers at Fenland District Council or e-mail
[1][Fenland District Council request email] .
Yours sincerely
FOI Officer
Fenland District Council
01354 654321
[Fenland District Council request email]
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