SUFFOLK is set to retain its pension fund’s multi-million pound investment in tobacco companies, despite concerns that the move conflicts with its aims of creating a healthier county.
The county council’s pension fund currently has £43.2 million invested in tobacco companies, the second highest figure in the region.
Martin Dockrell from anti-smoking pressure group ASH said it made both economic and ethical sense to avoid investing in tobacco companies.
The City Council apparently doesn’t care what ASH thinks. Too bad they didn’t ignore smoking bans.