News analysis
UK: smoke-free effect on pension funds
d.simpson@iath.org
| The first 150 words of the full text of this article appear below. |
In the run-up to the recent vote to make all public places in England smoke-free, there were frequent, often strident assertions from those who were fighting for tobacco rather than health, that the move would have no effect on consumption. But as health campaigners were celebrating the victorious parliamentary vote, commercial institutions were busy assessing the likely long term effects on the economy. Research by human resources firm Hewitt Associates estimated that the ban could add up to £20 billion (US$35 billion) to UK pension deficits, as well as increasing the annual cost to companies providing defined benefit schemes.
No doubt the tobacco industry will continue to plead no effect in other countries contemplating a total ban, and health ministers and other prime movers would be well advised to consult their financial institutions, as well as their medical and health experts, to at least cut down the time wasted by
CiteULike 
Complore 
Connotea 
Del.icio.us 
Digg 
Reddit 
Technorati What's this?
This article has been cited by other articles:
-
Walsh, R. A., Tzelepis, F., Stojanovski, E.
(2008). Australian pension funds and tobacco investments: promoting ill health and out-of-step with their members. HEALTH PROMOT INT
23: 35-41
[Abstract] [Full Text]
- Full Text
- Full Text (PDF)
- Submit a response
- Alert me when this article is cited
- Alert me when eLetters are posted
- Alert me if a correction is posted
Services
- Email this link to a friend
- Similar articles in this journal
- Add article to my folders
- Download to citation manager
- Request Permissions
Citing Articles
Google Scholar
PubMed
Topic Collections
Bookmark with
Register for free content
The full back archive is now available for all BMJ Journals. Institutional subscribers may access the entire archive as part of their subscription. Personal subscribers will also have access to all content when logged in. Non-subscribers who register have free access to all articles published before 2006 right back to volume 1 issue 1. Register here to access the free archive of all BMJ Journals.
Don't forget to sign up for content alerts so you keep up to date with all the articles as they are published.
