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• Question by: Jenny Jones
• Meeting date: 17 January 2007

You can see from the questions that you have been asked today this is clearly a hot topic for us, and also, as politicians, we are very concerned about the issue of openness and the public knowing. So far this aspect has not been in the annual report, that is other information that I have. Is that not true? This is something you bring in to the annual report or is it simply that it is the first time you have had it so it has not happened yet?

• Question by: Jenny Jones
• Meeting date: 17 January 2007

Judging from your answers, some of the information I have here that I was going to ask you about is completely erroneous, and I am going to be delighted if you tell me I am completely wrong. I would like to follow on from my colleague Mike's [Tuffrey] excellent line of questioning on openness. The feeling is generally that there is not as much openness from you as there are from other companies who have got the same sort of ethical and socially responsible stance. Can I clarify; you commented on the voting record, however my understanding is that although...

• Question by: Murad Qureshi
• Meeting date: 17 January 2007

I just wanted to go into the whole area of possible exposure to hedge funds, and what that may mean for our pension holders. Both directly and indirectly, our exposure to the derivative market is of concern to a lot of people, given how much coverage it gets in the business pages.

• Question by: Murad Qureshi
• Meeting date: 17 January 2007

Which mirrors much of the behaviour of the hedge funds we have got in London, because I mean London has become a centre of all that. I am just concerned whether, to the extent of our exposure, both directly and indirectly, and to what extent that limits our ability to be ethical as well.

• Question by: Jenny Jones
• Meeting date: 17 January 2007

It does leave the question hanging in the air; what on earth is the point of having any sort of strategy or corporate social responsibility and ethical policy if you are not going to implement it by choosing between companies? Let me go back to your answer about the arms trade and tobacco. You say at the moment you are not big investors in them. It is my question you are probably answering later. In that case, why not take a principled stance and stop investing. There must be thousands upon thousands of people who are pension holders who would...

• Reference: 2007/0010
• Question by: Jenny Jones
• Meeting date: 17 January 2007

What is the total current value of LFPA investments in companies involved in arms, tobacco and animal testing?