The Scheme’s investment strategy is tailored to the Scheme’s membership profile, the Trustee’s attitude to risk and the amount of financial support available from the Scheme’s participating employers. The Trustee takes professional advice on managing the Scheme’s investments.
The Trustee’s approach to investment is outlined in the Statement of Investment Principles (SIP), which is regularly reviewed and updated. The Scheme’s long-term investment strategy and SIP are currently under review following changes to the investment strategy and wider Scheme developments. The SIP is being considered as an on-going item by the Board (a draft version is available for review here) and a revised SIP will be published following completion of the investment and funding strategy discussions. A copy of the current SIP is available to download here.