Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, what assessment he has made of the capacity of civil service pension funds to engage in shareholder advocacy with the companies in which they have holdings; and to what extent those funds have exercised that capacity to date.
‘The Principal Civil Service Pension Scheme and Civil Servants and Others Pension Scheme’ are unfunded schemes and therefore do not engage in shareholder advocacy as they do not have any direct share holdings in companies.