• Question by: Andrew Pelling
• Meeting date: 15 February 2007

I am very grateful for Mr Biggs mentioning Croydon and Sutton, and I will just briefly touch on that in the limited time that I have. Recently the Department for Work and Pensions came up with figures for Croydon Central Parliamentary Constituency. It is 14th in terms of number of lone parents who are on income support, so there is a very real need to recognise the importance of investing in this area in terms of social deprivation. But my question is actually about the question which Mr Biggs has down about the economic development impact. I would declare an...

• Question by: John Biggs
• Meeting date: 15 February 2007

Many of my constituents in East London are enterprising, go getting kids, who are improving their school standards. People are making enormous progress, but there are various communities that are stuck. Would you agree with me that it is actually rather naïve of people - not that any are in this room, of course - to think that the Olympic Games will in some way solve all of those entrenched problems in one fell swoop? In other words, the Olympic Games are part of a big process that will last, in some cases, several generations, I think, before we sort...

• Question by: Damian Hockney
• Meeting date: 15 February 2007

If I turn to other areas, you mentioned - Sydney and Athens, and so on. My problem with the situation is, if you look at Athens, and, five years earlier, at a lot of the other venues, and with things like rowing and so on, these things were promised to be legacy. If you look at all the original stuff, it said, `this will be legacy'. But the rowing area now has, sort of, environmentally despoiled a wetlands area. The problem is, I cannot find any situation where I can trust claims. It all seems very pie in the sky...

• Question by: Damian Hockney
• Meeting date: 15 February 2007

All right, David. One thing that I am a bit concerned about is that, if you look, for example, at the actual stadium and you look at the original quote of £280 million, the Government has now acknowledged it will be higher than that because of the fact that you want a legacy from it; you do not just want a temporary 80,000 seat stadium. Now, the problem is that that tends to indicate to me that no account initially was taken of a possible legacy use, so therefore there is at least another £100 million in costs. Ignore the...

• 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?

• 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: 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: Mike Tuffrey
• Meeting date: 17 January 2007

So if you are in a position to put our money behind, as it were, good things going forward, just picking up this particular question in terms of responding to lobbying, crudely, what role does the Mayor play - we have touched on the Board appointments - but in terms of saying, `Well, look, these are our strategies for London, these are the things that we think are going to make London and the wider economy sustainable'?. What attention do you pay to GLA strategies for example?

• Question by: Mike Tuffrey
• Meeting date: 17 January 2007

Can I just ask you to confirm you're responsible investment stamps, and what I would regard as a false choice between returns and responsible investment? If we cast this less in terms of not investing in so called bad things, and more in terms of investing in good things that will contribute to long term sustainablity, is that a summary of your position? My colleague, Jennette [Arnold] has rightly given me some evidence to say that ethical investment can outperform mainstream, but my hunch is that is ethical as defined in terms of sustainable, rather than screening out the bad...

• 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?