Tobacco investments held by local authority pension fund
Dear Fermanagh and Omagh 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
I wish to acknowledge receipt of the above Freedom of Information request.
A response will be issued on or before 16th May 2018.
Regards
Nicola Nugent
PA to Director of Corporate Services and Governance
Fermanagh and Omagh District Council
T: 0300 303 1777
W: [1]www.fermanaghomagh.com
Direct Line: 028 8225 6205
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From: Rob Davies <[FOI #478463 email]>
Sent: 17 April 2018 04:58 PM
To: Freedom of Information
Subject: Freedom of Information request - Tobacco investments held by
local authority pension fund
Dear Fermanagh and Omagh 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
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Rob
I refer to your request for information which has been dealt with under
the Freedom of Information Act 2000.
The employees of the Council are either members of the :-
(a) Northern Ireland Local Government Officers Pension Fund which is
administered by the Northern Ireland Local Government Officers'
Superannuation Committee (NILGOSC) or
(b) Civil Service scheme will be covered by the provisions of the
Principal Civil Service Pension Scheme Northern Ireland (PCSPS(NI)).
Details of investments is held by NILGOSC and (PCSPS(NI)).
Regards
Catherine
Catherine Leonard
Head of Finance
tel: 0300 303 1777
ext: 21004
direct line: 028 66321818
mobile: 07792239886
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