Home > Uncategorized > Suffolk: Council votes to disinvest pension funds from tobacco companies – Politics – OLD – East Anglian Daily Times

Suffolk: Council votes to disinvest pension funds from tobacco companies – Politics – OLD – East Anglian Daily Times

Suffolk: Council votes to disinvest pension funds from tobacco companies – Politics – OLD – East Anglian Daily Times.

This looks like it might be the first local government pension fund to publicly divest from tobacco shares held directly by the fund,as opposed to those only operating pooled funds.  The Council has given a strong lead to the pension committee, and the quotes suggest that committee is likely to agree to divest.  It is not a foregone conclusion, but if it happens this will be a highly significant development.

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