Tobacco investments held by local authority pension fund
Dear North Kesteven 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
Ref No: 18/49
18 April 2018
Dear Mr Davies
Thank you for your Freedom of Information request regarding: Tobacco
investments held by local authority pension fund.
We can confirm your request was received on 17 April 2018. This will be
dealt with under the terms of the Freedom of Information Act 2000 and
answered within twenty working days.
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.
If you have any queries about this request do not hesitate to contact the
Corporate Information Team, quoting the above reference number.
Yours sincerely
Ms Helen Snowden
Performance and Information Assistant
Corporate Information Team
North Kesteven District Council
Tel No. 01529 414155 Ext. 28186
Ref No: 18/49
19 April 2018
Dear Mr Davies
We refer to previous correspondence regarding your request for information
relating to: Tobacco investments held by local authority pension fund.
The information, as provided by our Payroll Business Development Manager,
is given below:
“North Kesteven do not administer the pension fund. This is done jointly
by Lincolnshire County Council and West Yorkshire Pension fund, so we are
unable to answer these questions.”
If you are dissatisfied with the handling of your request, you have the
right to ask for an internal review. Internal review requests should be
submitted within two months of the date of receipt of the response,
quoting the above reference number, via email at: [1][North Kesteven District Council request email]
or by post to North Kesteven District Council, Corporate and Customer
Services, Kesteven Street, Sleaford, Lincs, NG34 7EF.
If you are not content with the outcome of the internal review, you have
the right to apply directly to the Information Commissioner for a
decision. The Information Commissioner can be contacted at: Information
Commissioner’s Office, Wycliffe House, Water Lane, Wilmslow, Cheshire, SK9
5AF.
Yours sincerely
Ms Helen Snowden
Performance and Information Assistant
Corporate Information Team
North Kesteven District Council
Tel No. 01529 414155 Ext. 28186
References
Visible links
1. mailto:[North Kesteven District Council request email]
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