Cabinet Office written question – answered on 1st March 2017.
To ask the Minister for the Cabinet Office, pursuant to the Answer of 14 February 2017 to Question 63244, from which organisations or individuals the Trustees of the Parliamentary Contributory Pension Fund (PCPF) sought professional advice regarding the long-term risks to the financial performance of the PCPF of that fund's investments in the fossil fuel extractive industry.
The professional investment advisors appointed by the Parliamentary Contributory Pension Fund Trustees are Hymans Robertson.
They have been employed by the PCPF Trustees as their professional investment advisors since 2008. The Trustees follow standard public procurement guidelines to appoint all professional advisors to the Fund.
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