Tobacco investments held by local authority pension fund
Dear South Lakeland 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
Information Request
Thank you for your email. This is to acknowledge receipt of your
request. Your request will be handled by an officer who will respond
under the terms of the Freedom of Information Act 2000 or Environmental
Information Regulations 2004 as appropriate.
In some circumstances a fee may be payable and if that is the case I will
let you know. A fees notice will be issued to you, and you will be
required to pay before I will proceed to deal with your request.
You will receive the information requested within 20 working days unless
the Council does not hold the information or there is a reason for it to
be withheld. I will write to you in any event.
Whilst it is the Council policy to provide information wherever possible,
I need to advise you that there are a number of exemptions under the
Freedom of Information Act 2000 or Exceptions under the Environmental
Information Regulations 2004. These may prevent the Council from
releasing all or some of the information you have asked for. You will,
however, be informed if this is the case and we will explain why.
Yours sincerely,
Paul Mountford | Principal Performance & Intelligence Officer
South Lakeland District Council, South Lakeland House, Lowther Street,
Kendal, Cumbria LA9 4DQ
Tel: 01539 733333
Email: [1][South Lakeland District Council request email]
Website: [2]www.southlakeland.gov.uk
References
Visible links
1. mailto:[South Lakeland District Council request email]
2. http://www.southlakeland.gov.uk/
Dear Rob Davies,
Thank you for your email. This is to acknowledge receipt of your request. Your request will be handled by an officer who will respond appropriately under the terms of the Freedom of Information Act 2000 or Environmental Information Regulations 2004.
In some circumstances a fee may be payable and if that is the case I will let you know. A fees notice will be issued to you, and you will be required to pay before I will proceed to deal with your request.
You will receive the information requested within 20 working days unless the Council does not hold the information or there is a reason for it to be withheld. I will write to you in any event.
Whilst it is the Council policy to provide information wherever possible, I need to advise you that there are a number of exemptions under the Freedom of Information Act 2000 or Exceptions under the Environmental Information Regulations 2004. These may prevent the Council from releasing all or some of the information you have asked for. You will, however, be informed if this is the case and we will explain why.
Yours sincerely,
Paul Mountford
Paul Mountford | Principle Performance and Intelligence Officer
South Lakeland District Council, South Lakeland House, Lowther Street, Kendal, Cumbria LA9 4DQ
Tel: 01539 733333 | Email: [South Lakeland District Council request email] | Website: www.southlakeland.gov.uk
South Lakeland District Council Making South Lakeland the best place to live, work and explore
Dear Rob Davies,
I am writing in respect of your recent enquiry for information held by the Council under the provisions of the Freedom of Information Act. You asked 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.
I am writing to inform you that South Lakeland District Council is a member of the Cumbria Local Government Pension scheme administered by Cumbria County Council. They can be contacted using the following link: http://www.cumbria.gov.uk/council-democr... or by emailing [email address]
If you are not satisfied with the outcome of your FOI request, you have the right to ask us to review our handling of your request. Any request for an Internal Review must be made in writing within 40 days of this response. Should you wish to request a review, please email [South Lakeland District Council request email] or write to the address below. Our Internal Review Process is available on our website.
Should you remain dissatisfied following our internal review, you can refer the matter directly to the Information Commissioner.
Further information is available from the Information Commissioner at:
Information Commissioner's Office,
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF
www.ico.org.uk
Yours sincerely,
Paul Mountford
Paul Mountford | Principle Performance and Intelligence Officer
South Lakeland District Council, South Lakeland House, Lowther Street, Kendal, Cumbria LA9 4DQ
Tel: 01539 733333 | Email: [South Lakeland District Council request email] | Website: www.southlakeland.gov.uk
South Lakeland District Council Making South Lakeland the best place to live, work and explore
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