The Scheme’s investment strategy is tailored to the Scheme’s membership profile, the Trustee’s attitude to risk and the strength of the employer covenant. The Trustee takes professional advice on managing the Scheme’s investments.
The Trustee has agreed a Statement of Investment Principles (SIP) which records the Scheme’s investment arrangements. The Trustee recently agreed changes to the SIP to reflect the new bulk annuity policy. A copy of the new SIP is available to download here.