Home > Uncategorized > Public servants’ super fund scraps tobacco investments

Public servants’ super fund scraps tobacco investments

Public servants’ super fund scraps tobacco investments.

News came through yesterday that yet another major public sector pension fund in Australia has pulled out of tobacco industry investments.  The fund Chief Executive said:

” said increased regulation of tobacco, such as plain packaging and tougher restrictions on where smoking is permitted, and the risk of further controls, had influenced the corporation’s decision to divest.”

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