Freedom of information request response - 05228

FOI request

FOI ID number
Tobacco investments held by local authority pension fund

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?What is the local authority’s annual spend on smoking-related illness?
  6. 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.

Our response


Thank you for your Freedom of Information (FOI) request which has been logged with the reference number FOI 05228.

Please note that as a district council we do not have responsibility for pension fund administration or investment.

Please re-direct your request to Freedom of Information at Cumbria County Council.

Response date
18 April 2018