Parliamentary Contributory Pension Fund

Cabinet Office written question – answered on 1st March 2017.

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Photo of Caroline Lucas Caroline Lucas Co-Leader of the Green Party

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.

Photo of Ben Gummer Ben Gummer The Paymaster General and Minister for the Cabinet Office

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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