Tobacco investments held by local authority pension fund

Rob Davies made this Freedom of Information request to Woking Borough Council as part of a batch sent to 447 authorities

This request has been closed to new correspondence from the public body. Contact us if you think it ought be re-opened.

Woking Borough Council did not have the information requested.

Dear Woking Borough 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

Comments, Woking Borough Council

Thank you for your email.

E-mails will be replied to as soon as possible but within a maximum of 14 days of their receipt. If a reply cannot be sent within this timescale, an e-mail will be sent specifying a target date for the response.

Kind regards,

Customer Services

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Comments, Woking Borough Council

Thank you for your email. I can confirm your request for information has been forwarded to our Policy team who will reply to you direct.

Kind regards,

Customer Services

______________________________________________
Woking Borough Council, Civic Offices, Gloucester Square, Woking, Surrey, GU21 6YL
Phone: 01483 755855 | Fax: 01483 768746 | Web: www.woking.gov.uk

________________________________________
From: Rob Davies [[FOI #478729 email]]
Sent: 17 April 2018 20:59
To: Comments
Subject: Freedom of Information request - Tobacco investments held by local authority pension fund

Dear Woking Borough 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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Policy, Woking Borough Council

Dear Mr Davies,

 

Our ref: FOI2018-259

 

Thank you for your FOI request dated 17 April.

 

Woking Borough Council uses The Local Government Pension Scheme as its
pension services provider; we don’t have our own pension fund. Therefore
we don’t hold any of the information you are looking for. I suggest you
direct your enquiry direct to LGPS.

 

If you are unhappy with the service you have received in relation to your
request and wish to make a complaint or request a review of our decision,
you should write to: Complaints, Woking Borough Council, Civic Offices,
Gloucester Square, Woking, GU21 6YL. Email: [1][email address]

Details of our complaints procedure may be found at
[2]www.woking.gov.uk/council/about/customercarestandards/comments

If you are not content with the outcome of your complaint or review, you
may apply directly to the Information Commissioner for a decision. 
Generally, the ICO cannot make a decision unless you have exhausted the
complaints procedure provided by the Council.  The Information
Commissioner can be contacted at: Information Commissioner's Office,
Wycliffe House, Water Lane, Wilmslow, Cheshire, SK9 5AF. Tel: 08456 306060
or 01625 545745. Website: [3]www.ico.gov.uk.

 

Kind regards,

Katharine

 

Katharine Collinson | Corporate Support Officer | Democratic and Legal
Services

______________________________________________________________________________

For general enquiries, please call Woking Borough Council's Contact Centre
on 01483 755855

 

________________________________________

From: Rob Davies [[FOI #478729 email]]

Sent: 17 April 2018 20:59

To: Comments

Subject: Freedom of Information request - Tobacco investments held by
local authority pension fund

 

Dear Woking Borough 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
[4][email address]

 

Yours faithfully,

 

Rob Davies

 

-------------------------------------------------------------------

 

Please use this email address for all replies to this request:

[5][FOI #478729 email]

 

Is [6][Woking Borough Council request email] the wrong address for Freedom of Information
requests to Woking Borough Council? If so, please contact us using this
form:

[7]https://www.whatdotheyknow.com/change_re...

 

Disclaimer: This message and any reply that you make will be published on
the internet. Our privacy and copyright policies:

[8]https://www.whatdotheyknow.com/help/offi...

 

For more detailed guidance on safely disclosing information, read the
latest advice from the ICO:

[9]https://www.whatdotheyknow.com/help/ico-...

 

Please note that in some cases publication of requests and responses will
be delayed.

 

If you find this service useful as an FOI officer, please ask your web
manager to link to us from your organisation's FOI page.

 

 

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