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• Question by: Bob Blackman
• Meeting date: 17 January 2007

Were these rather bizarre people that want to limit your scope for investment to get their way, what would be the financial effect on the pension funds of a blanket ban, say, on any companies that were involved in any form of defence or arms trade, or tobacco for that matter?

• Question by: Damian Hockney
• Meeting date: 17 January 2007

Our pensioners, Mr Newton, I am sure will take great heart I have to say from what I regard as a very responsible stand and your defence of their interests so I do congratulate you for that. One thing occurred to me. Obviously some people round here have talked about ethical investment and ethical being from their own stance. I totally accept and respect their position. Is there a possibility - and I certainly would not want such a thing; I do not want my pension being played as part of politics, even with things that I believe in personally...

• Question by: Roger Evans
• Meeting date: 17 January 2007

You say the Mayor has been careful to pick you a good Board. Has there been an increase in the politicisation of the Board since the Mayor took that job off the DTI?

• Question by: Roger Evans
• Meeting date: 17 January 2007

You have got the avenues, but how would you identify where there was demand? Where would you say a line should be drawn?

• Question by: Roger Evans
• Meeting date: 17 January 2007

Some people might argue that your Board of Trustees have a role here. Is the type of discussion we have had this morning the sort of discussion that you have there?

• Question by: Roger Evans
• Meeting date: 17 January 2007

So you would not foresee any increases in employee or employer contributions if your investment strategy works?

• Question by: Roger Evans
• Meeting date: 17 January 2007

You have mentioned there that the opinion of the final beneficiaries is important in this calculation. How would you go about ascertaining that opinion, because there has been a fair difference of it around the table today?

• Question by: Bob Blackman
• Meeting date: 17 January 2007

I just want to follow up on the issues here. If there were blanket bans or your opportunity to invest was fettered in any way, shape or form, would that throw off the 15 year plan to fully funding the plan?

• Question by: Damian Hockney
• Meeting date: 17 January 2007

I think the main point is that if we do have even minor falls this ongoing amount of money taken from pensioners in Britain will have an impact. Do you still have forecasts and estimates for what will happen ongoing, say over the next five to ten years as a result of it?

• Question by: Damian Hockney
• Meeting date: 17 January 2007

If it were removed, how helpful would that be? Say it were removed next year, how helpful would that be to the London Pensions Fund?