ChatterBank3 mins ago
What's your view? (amended)
7 Answers
MSP's who introduced the smoking ban in Scotland on Mothers Day have invested public money in tobacco companies to boost their final pension salary. What a bloody contradiction.
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For more on marking an answer as the "Best Answer", please visit our FAQ.I am surprised you are surprised and I honestly do not mean to undermine your point.
MSPs,MPs have always had their own interests at heart.Its nothing to do with the Smoking Ban in public places.
Anyway I have been out tonight at the Pub Quiz and not one person mentioned it and you usually cant see the next table for the reek.They just went out and had a wee puff and came back in.That is a BTW:)
We'll live (take that how you like):)
I have always been a non-smoker, but the reality for most of us who have our money invested in pension schemes is that some of this will be invested with tobacco companies, since their shares produce good returns and the trustees of pension schemes have a duty to get the best returns they can for their investors. I know it doesn't make much moral sense but it's a fact of life.. For those who feel strongly, the one thing they can do is ensure that their own private investments are in ethically correct equities..
as mentioned above this is simply the business of pension investments - the MSP will not be involved personally in their investments (as you are not involved in investing your pension monies) - there will prob be black listed investments like guns etc. but everything else that has a good return is the was the investment managers MUST go for.
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