A statement of investment principles (SIP) details the policy which controls how a pension fund invests.
Local government pension schemes have been required by law to keep an up-to-date SIP since 1999. We have voluntarily kept a statement since 1997.
Our SIP covers our policy on:
• The types of investment held.
• The balance between different types of investment risk.
• The expected return on investments.
• How investments are turned back into cash (the realisation of investments).
• The extent to which social, environmental or ethical considerations affect investments.
The Myners report also set out standards for pension funds and how decisions are made. Our SIP has been assessed against the Myners report.
Request a copy
If you’d rather have a hard copy of any of the documents on this site, please contact us. Make a note of the document title and date to help us find the right one for you quickly.