UK - Politicians in Northern Ireland have been urged to draw up an ethical investment policy to exclude its pension fund from investing in tobacco companies.
The assembly has failed to set up an ethical investment policy in the five years since it was established.
Northern Ireland Chest Heart and Stroke Association said politicians should set an example to the rest of society.
Chief executive Andrew Dougal said: “Tobacco kills 3000 people in Northern Ireland every year. The British Medical Association divested itself of all investment relating to tobacco firms many years ago and the assembly should follow suit.”
An assembly spokesman told PP he could not comment on the ethical investments policy as the information was “commercial and in confidence”.
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.