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541118

registered interest
date	20/07/2016
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pension Funds
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, if he will review the powers of UK pensions schemes to indirectly invest in companies linked with the manufacture of cluster-munitions.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	43619
answer	answer is ministerial correction date of answer 05/09/2016 answer text <p>Trustees and managers are responsible for acting in the best interests of beneficiaries, including the investment of members’ funds. They must, under existing obligations, prepare a statement of investment principles. This must set out the extent to which social, environmental, or ethical considerations are taken into account in the selection, retention, and realisation of investments.</p><p> </p><p>We have no immediate plans to change these existing obligations, but will keep them under review.</p> answering member constituency Watford answering member printed Richard Harrington grouped question UIN 43594 question first answered 05/09/2016 11:40:30 answering member 4068 label Biography information for Lord Harrington of Watford
tabling member	308 label Biography information for Mr Jim Cunningham

541119

registered interest
date	20/07/2016
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	Pension Funds
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Work and Pensions, whether his Department plans to bring forward legislative proposals to ban the indirect investment by pension schemes in companies linked with the manufacture of cluster munitions; and if he will make a statement.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	43594
answer	answer is ministerial correction date of answer 05/09/2016 answer text <p>Trustees and managers are responsible for acting in the best interests of beneficiaries, including the investment of members’ funds. They must, under existing obligations, prepare a statement of investment principles. This must set out the extent to which social, environmental, or ethical considerations are taken into account in the selection, retention, and realisation of investments.</p><p> </p><p>We have no immediate plans to change these existing obligations, but will keep them under review.</p> answering member constituency Watford answering member printed Richard Harrington grouped question UIN 43619 question first answered 05/09/2016 11:40:30 answering member 4068 label Biography information for Lord Harrington of Watford
tabling member	308 label Biography information for Mr Jim Cunningham